PENTON PURCHASES MEKO LTD.; FORMS HIGH-SPEED ELECTRONICS GROUP.Penton Media Penton Media, Inc. (OTC: PTON.OB), founded in 1892, is a diversified business-to-business media company. Penton Media is a mass media corporation that publishes and produces over 40 magazines, 80 trade shows, and 47 web sites. , Inc. (Cleveland, OH) has acquired Meko Ltd. (Surrey, UK), a provider of newsletters, market studies and custom information services See Information Systems. for the European computer display market. No terms were given. Meko launched Display Monitor newsletter in 1994 for suppliers of monitors, projectors and graphic cards throughout the world and launched its Display-Cast market research service in 1999. Meko is now extending its coverage to market segments within the computer and electronics sectors. Penton said that Meko will operate in conjuntion with subsidiary Jon Peddie Associates (JPA JPA Java Persistence API JPA Joint Project Agreement (Department of Commerce) JPA Joint Powers Authority JPA Jabatan Perkhidmatan Awam (Public Sevices Department of Malaysia) JPA Joint Powers Agreement ; Mill Valley, CA), a market research firm for the digital media, convergence, software and workstation graphics markets. Jon Peddie produces market studies, The Peddle Report and Multimedia Week newsletters and offers consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" . JPA's president Jon Peddie said the acquired assets are "a perfect addition to our group." The deal "gives us a strategic foothold foot·hold n. 1. A place providing support for the foot in climbing or standing. 2. A firm or secure position that provides a base for further advancement. foothold Noun 1. in the rapidly expanding European market for computer graphics." In related news, Penton has formed the "High-Speed Electronics Group," a group of information products that are targeted to engineers and engineering managers in the telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. and data-communications markets. The High- Speed Group's properties include: the Wireless/Portable Symposium & Exhibition, the Military Electronics Show and the Internet Device Builder Show; Microwaves & RF and Wireless Systems Design magazines; Microwaves & HF Product Directory; and, four related Web sites. |
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