9th Oct 2006 07:00
United Business Media buys The Austin Game Initiative Strengthens CMP Technology's leading position in growing games development market United Business Media plc announces today that its wholly-owned, US-basedsubsidiary CMP Technology has acquired The Austin Game Initiative LLC, aproducer of conferences and events targeting game industry professionals for atotal cash consideration of $1.15m.The Austin Game Initiative's leading event, the Austin Game Conference, tookplace on September 6-8, attracting more than 2,000 attendees and over 150vendors. The acquisition of The Game Initiative will enable CMP Technology toexpand its offerings to the growing game development community, particularly inonline and casual game development.CMP Technology is the leading marketing solutions provider to global technologymarkets, including the game development market. Its media portfolio includesthe games development industry's leading publication (Game Developer, www.gdmag.com), events (including the Game Developers Conferences, www.gdconf.com, among others) and the award-winning Gamasutra website(www.gamasutra.com). - Ends - ContactsMedia Peter Bancroft Director of Communications E-mail [email protected] Direct telephone +44 20 7921 5961 Chris Barrie Citigate Dewe Rogerson E-mail [email protected] Direct telephone +44 20 7282 2943 Mobile +44 796 872 72 89 Analysts Catherine Southgate Head of Investor Relations Email [email protected] Direct telephone +44 20 7921 5031 Notes to Editors1. About United Business Media plc United Business Media is one of the world's leading global business informationcompanies. UBM brings together the world's buyers and sellers, helping theirmarkets work effectively and efficiently through PR Newswire's newsdistribution network, Commonweath's trade and transportation businessintelligence, and through CMP's portfolio of events, print and on-linepublications. For more information, go to www.unitedbusinessmedia.com1.1. About CMP / Commonwealth CMP's portfolio of more than 200 newspapers, magazines and directories, 200websites and 300 events brings together buyers and sellers from a range ofglobal sectors including technology, healthcare, the built environment,lifestyle, fashion and ingredients. CMP operates globally through fourdivisions:1.1.1. CMP Technology: CMP Technology is the USA's leading high tech B2B mediacompany, providing marketing solutions for the global technology industry.Through its market-leading portfolio of trusted information brands, CMPTechnology has earned the confidence of more technology professionals thanany other media company. As a result, CMP Technology is the premierprovider of access, insight and actionable programs designed to connectsellers and buyers in ways that yield superior return on investment. Formore information, go to www.cmp.com 1.1.1.1. CMP Technology's Game Group: A core provider of essential information tothe professional game industry, the CMP Game Group offers market-definingcontent, and drives community through the Game Developers Conference, GameDeveloper magazine, the Webby Award-winning Gamasutra.com, the SeriousGames Summit D.C., GDC Mobile, GDC Europe, the Independent Games Festival,the Game Developers Choice Awards, GDC London, the London Games Summit,GDCTV, GDCRadio, and the GDC Focus On event series. For more information,please visit www.cmpgame.com 1.1.2. CMP Asia: Headquartered in Hong Kong with offices throughout the region,CMP Asia is a leader in exhibitions and online and print businessinformation publications for Asian markets. Working with partners fromaround the world, CMP Asia stages a range of leading events which includesthe largest international jewellery, leather and fashion, beauty andfurniture trade shows in Asia, as well as the definitive health show forthe Japan market. For more information, go to www.cmpasia.com 1.1.3. CMP Information: Operating in the UK and internationally, CMPi providesprofessional media solutions to around 20 industry sectors. Its productsinclude magazines, exhibitions, conferences, awards events, informationproducts and websites, targeted at business professionals across a range ofmarkets such as the built environment, travel, licensed trade, agriculture,security and ingredients. For more information, go to www.cmpi.biz 1.1.4. CMPMedica: CMPMedica provides information and education to healthcareprofessionals and patients around the world. It has a unique portfolio ofprofessional media products including newspapers, magazines, drugdirectories, electronic databases, websites and events. For moreinformation, go to www.cmpmedica.com 1.1.5. Commonwealth Business Media: Commonwealth Business Media is the leadinginformation provider to the global trade and transportation market withcomprehensive proprietary data, news and analytical content. Its leading brandsinclude Port Import Export Reporting Service ("PIERS") Global IntelligenceSolutions, BACK Aviation Solutions ("BACK"), The Journal of Commerce and anumber of directory databases covering the international trade, railroad andtrucking markets. Commonwealth is headquartered in East Windsor, New Jerseywith offices around the US and internationally. For more information, go to www.cbizmedia.com 1.2. About PR Newswire PR Newswire is the world's leading corporate news distribution service.Headquartered in New York, PR Newswire provides news distribution, targeting,measurement and broadcast services on behalf of tens of thousands of customersincluding many of the world's top companies and agencies. PR Newswire hasoffices in 11 countries and routinely sends its customers' news to outlets in135 countries and in more than 40 languages. PR Newswire's services includeProfNet Experts, eWatch, MEDIAtlas, Search Engine Optimization , MediaRoom,MediaSense and MultiVu. For more information, go to www.prnewswire.comENDUNITED BUSINESS MEDIA PLCRelated Shares:
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