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CORRECTING and REPLACING CNET Networks Acquires EDventure Holdings.


Business Editors/High-Tech Writers

CORRECTION...by CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion.  Networks

SAN FRANCISCO--(BUSINESS WIRE)--March 19, 2004

In BW5210 issued March 19, 2004: Please replace the release with the following corrected version.

The corrected release reads:

CNET NETWORKS ACQUIRES EDVENTURE HOLDINGS

Esther Dyson should be added to this article, to conform with Wikipedia's Manual of Style.
Please discuss this issue on the talk page.
 Brings Forward-Thinking Analysis to Editorial Team;

Release 1.0 and PC Forum Brands Fuel Growth Strategy

CNET Networks, Inc. (Nasdaq: CNET), a premier global interactive content company, today announced its acquisition of New York-based EDventure Holdings in a cash and stock transaction. EDventure, headed by industry pundit An expert or knowledgeable person. From "pandit" in Hindi. See guru.  Esther Dyson since 1983, has built a reputation as an independent authority on technology issues through its prestigious Release 1.0 publications and PC Forum executive conferences.

Under the leadership of Esther Dyson and Daphne daphne, in botany
daphne, common name for, and genus name of, certain low deciduous or evergreen shrubs native to Eurasia. In the United States several naturalized species are cultivated for their handsome foliage and fragrant flowers, e.g., D.
 Kis, both of whom will join CNET Networks, EDventure has built successful fee-based content brands, including Release 1.0, an influential monthly technology report, and PC (Platforms for Communication) Forum, the prestigious annual technology conference for Information Technology (IT) executives, entrepreneurs and investors, which takes place in Scottsdale, Arizona Scottsdale (O'odham Vaṣai S-vaṣonĭ) is a city in Maricopa County, Arizona, United States, adjacent to Phoenix. Scottsdale has become internationally recognized as a premier and posh tourist destination, while maintaining its own identity and culture as "  starting Sunday.

The acquisition advances CNET Networks' growth strategy. It adds Esther Dyson's thought leadership and analytical prowess to the company's award-winning editorial team, and helps fuel the growth of its business technology brands, including CNET News.com, ZDNet and TechRepublic. Currently, these brands reach 6 million business technology influencers in an average month in the U.S. alone(1) with award-winning journalism, resources, and communities that help them get up to speed, stay informed, and make smart decisions. EDventure's content and strategic insight will enhance these offerings by providing context around the most important global issues, helping forward-thinking business decision makers anticipate tomorrow's technology trends and stay ahead of the curve.

"As an interactive content leader in a number of categories, we are committed to the continued growth of our business technology Web sites, and Esther and her team will build on our tradition of high quality journalism by helping our large audience of decision makers capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 the future of technology," said Shelby Bonnie bon·ny also bon·nie  
adj. bon·ni·er, bon·ni·est Scots
1. Physically attractive or appealing; pretty.

2. Excellent.
, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of CNET Networks.

Through EDventure's long-established and carefully maintained network of global, corporate, Wall Street, and Washington, D.C. leaders, the acquisition enables CNET Networks to deepen deep·en  
tr. & intr.v. deep·ened, deep·en·ing, deep·ens
To make or become deep or deeper.


deepen
Verb

to make or become deeper or more intense

Verb 1.
 its ties with C-level and IT executive audiences, and establish new entry points into financial, political, and technology start-up audiences. In turn, CNET Networks plans to leverage its audience reach and global infrastructure to expand and enhance EDventure's successful fee-based Release 1.0 newsletter and PC Forum event businesses.

"CNET Networks shares our high standard for intelligent journalism and editorial integrity, and it espouses our vision for the future of interactive content as a conversation," said Esther Dyson, who will become editor-at-large of CNET Networks' Business Technology division. "This, combined with the massive size of their targeted business technology audience makes CNET Networks the ideal platform to communicate with the broad community of IT influencers and decision makers worldwide."

About CNET Networks, Inc.

CNET Networks, Inc. (www.cnetnetworks.com) is a premier global interactive content company that informs, entertains, and connects large, engaged audiences with content in the personal technology, games and entertainment, and business technology categories. Known for its editorial expertise, the company combines its award winning content with the power of interactive technology to provide its users an intuitive, dynamic and relevant environment. The company's content portfolio features top brands including CNET, ZDNet, TechRepublic, GameSpot, and mySimon, as well as Computer Shopper Computer Shopper could referr to the following publications:
  • Computer Shopper (UK magazine) - a home computer magazine published in the United Kingdom
  • Computer Shopper (US magazine) - a home computer magazine published in the United States
N.B.
 magazine, and CNET Channel. With a strong presence in the US, Asia and Europe, CNET Networks has operations in 12 countries.

(1) Source: 2003 IntelliQuest CIMS CIMS Courant Institute of Mathematical Sciences (New York University)
CIMS Center for Integrated Manufacturing Studies (Rochester Institute of Technology)
CIMS Chemical Ionization Mass Spectrometry
 Business Influencer Study v10 Online Behavior Study
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 19, 2004
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