1105 Media to acquire PostNewsweek Tech Media.
PostNewsweek Tech Media is a media company for the government community whose main revenue comes from magazines and related trade shows. The company produces "Government Computer News," a magazine published 30 times a year for a controlled circulation of 75,000 federal government managers who buy information technology products and services. "Washington Technology" is a title produced 24 times a year for a controlled circulation of 40,000 systems integrators who serve the federal government with technology and management solution products.
In 2005, PostNewsweek launched "Government Leader," a bimonthly magazine for managers who operate large divisions and programs for the federal government. In January 2006, the company began the publication of "Defense Systems," a bimonthly magazine for military and government systems leaders and decision-makers within the defense and intelligence communities. PostNewsweek also produces the annual FOSE trade show, conferences and events, and an almanac.
Vitale said that "although 1105 Media is a new company, we have deep roots in the government community" through 101communication's "Federal Computer Week" and its related e-newsletters and conferences. "We believe this transaction will allow us to serve government readers and advertisers with more timely and targeted information," Vitale added. Besides "Federal Computer Week" and related e-newsletters such as "FCW E-Government" and "FCW State & Local," 101communication's Government Technology unit also produces "Government Health IT" magazine and related e-newsletters, conferences and events.
In November, 1105 Media purchased Contingency Planning and Management Group (Lambertville, NJ) from MCG Capital (Arlington, VA).
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|Date:||Dec 22, 2006|
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