Jupitermedia sells research division and launches online subscription service.Jupitermedia (Darien, CT) has sold its JupiterResearch division for $10.1 million in cash and the assumption of certain liabilities by the purchaser, JupiterResearch LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a subsidiary of JupiterKagan, Inc., a portfolio company of MCG mcg microgram. mcg abbr. microgram mcg microgram. mcg Microgram, see there; the preferred written abbreviation is µg Capital Corp. (Arlington, VA). Jupitermedia was represented in the deal by Jordan Edmiston Group (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ). JupiterResearch is an international research advisory organization specializing in business and technology market research in nearly 20 business areas and nine vertical markets. The division covers business performance, organizational issues and strategies through market forecasts, consumer surveys, executive surveys and custom research. JupiterResearch and Jupiter Events were acquired by Jupitermedia, then named INT Media Group, in August 2002 from Jupiter Media Matrix for $250,000 and the assumption of certain liabilities. Jupitermedia chairman/ceo said that "during our nearly four years of ownership, we were able to revitalize this important business through the combined efforts of the JupiterResearch team and our operating acumen." The sale of the division reflects Jupitermedia's strategy "to be primarily focused on our rapidly growing digital asset collections." Meckler said that funds from the sale will be used for further acquisitions. MCG Capital provides capital to small- to medium-sized companies and makes secured loans, unsecured loans Unsecured Loan A loan that is issued and supported only by the borrower's creditworthiness, rather than by some sort of collateral. Notes: Generally, a borrower must have a high credit rating to receive an unsecured loan. and equity investments in companies with annual revenue of $20 to $200 million and EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become of $3 million to $25 million. Also, Jupitermedia has launched Photostock.jp, a Japanese language Japanese language Language spoken by about 125 million people on the islands of Japan, including the Ryukyus. The only other language of the Japanese archipelago is Ainu (see Ainu), now spoken by only a handful of people on Hokkaido, though once much more widespread. version of its Photo.com subscription service. The new service is modeled after Photo.com and was specifically built for the Japanese market. In addition to the global English language English language, member of the West Germanic group of the Germanic subfamily of the Indo-European family of languages (see Germanic languages). Spoken by about 470 million people throughout the world, English is the official language of about 45 nations. versions, including specific sites for the U.K. and Australia, related sites are also operated in German (photos.com/de), French (photo.com/fr) and Spanish (photos.com/es). |
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