PENTON ACQUIRES ASSETS OF AUSTRALIAN MEDIA COMPANY.In related news, Penton Media (Cleveland, OH) has acquired the assets of DWR DWR Design Within Reach DWR Department of Water Resources DWR Direct Web Remoting (Easy Ajax for Java) DWR Durable Water Repellency DWR Delayed Word Recall (medical testing) DWR Driving While Revoked Media (Sydney), a leading Australian publisher of IT magazines and related properties. No terms of the deal were given. DWR publishes Windows 2000 magazine (a Penton/Duke Communications brand which DWR previously published under license); iTgraphics Magazine, serving the Asian graphic design industry; Computer Reseller News, published biweekly for the IT distribution channel market; and, Information Week, an IT business newsmagazine. Both Computer Reseller News and Information Week are published under license from CMP CMP (cytidine monophosphate): see cytosine. (1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information Media (Manhasset, NY). DWR also produces related Web sites for the IT industry. The acquired company will be known as Penton Media Australia (PMA PMA (papillary-marginal-attached), n a system of epidemiologic scoring of periodontal disease devised by Schour and Massler in which the symbols denote the areas involved in gingival inflammation. PMA Progressive muscular atrophy ). Penton has been producing events in Australia since 1995. PMA will take over operations for Penton's "Internet World," "ISPCON ISPCON Internet Service Provider Convention (The Golden Group, Inc.) ," "ASPCON" and "m-CommerceWorld" events in Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . In a statement, Penton chairman/ceo Thomas Kemp said a part of his company's strategy is to "expand our business globally" and that the purchase "gives us a solid foundation in Australia from which we expect to build a significant media portfolio for the pan-Asian region." Penton Media Australia will become a unit of Penton Media Asia, a division that produces 21 events throughout the Asia/Pacific region and publishes Internet World Asia magazine. |
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