Exhibitions company ITE has bought rival trade show operator Breakbulk for $42m, as it steps up its efforts to diversify and reduce its dependence on Russia, which it relies on for 60 per cent of revenues
ITE Group plc, (“ITE”) the international exhibitions group, today announces that its wholly owned subsidiary, ITE Enterprises Ltd, has acquired Breakbulk Holdco UK Ltd and its subsidiary companies from Electra backed, AXIO Data Group for a maximum consideration of $42m
Oracle made its data play clear after acquiring DMP BlueKai earlier this year, and on Monday reaffirmed its commitment to data by acquiring Datalogix, an audience-targeting firm known for connecting offline sales to online ads
All 54 of Advanstar’s tradeshows
would rank among UBM’s 2013 top 100 events
WPP announces that it has agreed to acquire the assets of Maka Marketing Digital S.A. de C.V. and Clarus Digital S.A. de C.V. (“Clarus”), a leading digital marketing agency in Mexico
Brand and media specialist Millward Brown has acquired full-service agency Habitus Investigación, in Ecuador. Terms of the deal were not disclosed. The firm employs 80 people, and for the year 2014 expects revenues of US$5m
US-based information and analytics firm IHS has acquired Infonetics Research, which specializes in research for the global communications technology market
So it’s farewell to the Reading Post, which has just published its final issue after its owner, Trinity Mirror, decided to stop publishing its newsprint version. For the full story read The Guardian
One stand-out feature was the plunge in the profitability of the Sun, where operating profits were down to £35.6m from £62.1m in 2013. The Sun’s revenues fell 5.5% to £489m, due, says the report, “to continuing market decline in newspaper circulations, particularly for the popular segment” For the full story read The Guardian
The IDG TechNetwork has expanded its global online advertising network into China, following its parent company International Data Group (IDG), which has supported the market for 34 years
Lastminute.com, the UK travel website that was an icon of the dotcom boom and bust, has been sold by its owners for $120m (£76m) — a small fraction of the £600m price they paid for it back in 2005. For the full story read FT.Com
In a new twist in the long running antitrust case against Apple, an appeals court on Monday cast doubt on the Justice Department’s theory that the company brokered an illegal conspiracy among book publishers, and asked instead why the government’s focus has not been on Amazon
The battle for Premier League football rights has kicked off and fears that Sky will be on the losing side on Monday sparked the heaviest fall in its shares in almost five months
Vice Media will go on a “deal spree” in 2015 and explore an initial public offering if market conditions remain favourable, according to Shane Smith, chief executive of the youth-focused digital media group
Based in Boston, R24 develops branded content for companies engaged in the fast-growing, real-time marketing space
Hearst has taken a 25 per cent stake in AwesomenessTV, the teen-focused digital video network owned by DreamWorks Animation, in a deal that values Awesomeness at $325m
The agency’s 28 staff relocate to Porta’s head office in Basinghall Street following the completion of the acquisition, and will work alongside Porta’s existing consumer PR company, Thirteen Communications
There has been a sea change in the way content today is being created, distributed and consumed. The distinction between publishers and platforms online has never been more uncertain
Politico and German publisher Axel Springer are acquiring the website and weekly newspaper European Voice and rebranding it as the European edition of the political website
Marketers will lose $6bn next year to fraudsters who are using networks of robots to exploit the online advertising industry, according to the largest study to date of digital ad crime
