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Corporate Executive Board Completes Acquisition of ITtoolbox, Extends Service with the Addition of a Professional Online Community.


Acquisition of ITtoolbox ITtoolbox is an online community, enabling peers to share professional knowledge about information technology. Since 1998, ITtoolbox has helped professionals make IT decisions and stay current in the rapidly changing technology market through peer collaboration.  by CEB CEB Chief Executives Board (United Nations)
CEB Council of Europe Development Bank
CEB Corporate Executive Board
CEB Ceylon Electricity Board (Sri Lanka) 
 Points to the Practical Application of Online Communities for Professional Knowledge Sharing

WASHINGTON -- The Corporate Executive Board (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: EXBD) today announces that it has completed the acquisition of ITtoolbox for $58.9 million. With this acquisition, the Corporate Executive Board (CEB) extends its best practices research, decision-support tools, and executive education services through the addition of an online community that enables IT and business professionals to share knowledge on information technology.

The acquisition of ITtoolbox brings CEB more than 1.1 million registered professionals from the IT and business community, a proven methodology for facilitating the creation of user-generated content The production of content by the general public rather than by paid professionals and experts in the field. Mostly available on the Web via blogs and wikis, user-generated content refers to material such as the daily news, encyclopedias and other references, movie and product reviews as  that is relied on by these professionals, and a platform for building communities in other domain areas currently served by CEB. In addition, CEB gains a seasoned staff of community development, IT, sales, marketing, and client services staff who have, over nine years, built a successful and profitable online service.

"We are pleased to join forces with ITtoolbox, a proven leader in online professional networking," said Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM).

The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs
 L. Monahan III, 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 the Corporate Executive Board. "We believe that this model reinforces our strategy

of helping executives and professionals to share ideas, data and best practices necessary to excel in their roles. We also think that - over time - ITtoolbox provides us with a platform for reaching professionals, in IT and beyond, whom we don't currently serve."

The ITtoolbox community gives professionals access to the collective knowledge of a worldwide IT workforce. Through a collaboration platform An emerging category of computer software, collaboration platforms are unified electronic platforms that support synchronous and asynchronous communication through a variety of devices and channels.  that incorporates blogs, discussion groups, a wiki A Web site that can be quickly edited by its visitors with simple formatting rules. Developed by Ward Cunningham in the mid-1990s to provide collaborative discussions, there are several "wiki" tools on the market for creating such sites, including www.editme.com, www.seedwiki.com, www. , and professional networking, ITtoolbox satisfies the need for practical information in the rapidly changing field of information technology.

"We have built ITtoolbox around our deep belief in the value of peer-tested best practices for making people better at their jobs," said Dan Morrison Not to be confused with Denny Morrison.
Dan, Daniel, or Danny Morrison is the name of several persons:
  • Dan Morrison (wrestler) (born 1974), American professional wrestler
  • Dan Morrison (umpire), umpire in Major League Baseball
, ITtoolbox CEO and co-founder. "As we learned about CEB's capabilities and passion for making people better at their jobs through services that include peer-tested best practices for executives, we concluded a combined company could provide considerably greater value to its members by leveraging these two proven models together."

About Corporate Executive Board

The Corporate Executive Board Company (CEB) (NASDAQ: EXBD) is a leading provider of best practices research and analysis focusing on corporate strategy, operations and general management issues. CEB provides its integrated set of services currently to more than 3,700 of the world's largest and most prestigious corporations, including over 80% of the Fortune 500. These services are provided primarily on an annual subscription basis and include best practices research studies, executive education seminars, customized research briefs and web-based access to the program content databases and decision support tools. The company is located in Washington DC. For more information, please visit http://www.executiveboard.com/contact+form.

About ITtoolbox

ITtoolbox is an online community, enabling peers to share professional knowledge about information technology. Since 1998, ITtoolbox has helped professionals make IT decisions and stay current in the rapidly changing technology market through peer collaboration Working together on a project. See collaborative software. . The ITtoolbox platform incorporates a professional network, blogs, discussion groups and a wiki, facilitating targeted community interaction in which IT advertisers can participate through a proprietary contextual matching system. This combination of community and advertising value has made ITtoolbox a leading destination for professionals and a leader in online advertising, performing for more than 800 clients, including Microsoft, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Oracle, Dell and HP. For more information visit www.ITtoolbox.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Aug 16, 2007
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