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Blackstone acquires media & data firm IDG for $1 3B

Blackstone acquires media & data firm IDG for $1.3B ​ By IANS | ​ 0 Views Blackstone acquires media & data firm IDG for $1.3B. Image Source: IANS News New Delhi, June 4 : Leading investment firm Blackstone has acquired media and data company International Data Group (IDG) for $1.3 billion. Private equity funds managed by Blackstone entered into a definitive agreement to acquire IDG from Oriental Rainbow, a subsidiary of China Oceanwide Holdings Group. Founded in 1964, IDG provides market intelligence for the fast-growing technology industry. The high-quality data, analytics, and insights IDG delivers to technology leaders are only becoming more critical as the pace of growth and innovation accelerates, said Peter Wallace, Global Head of Core Private Equity at Blackstone.

Blackstone acquires media & data firm IDG for $1 3B | Business Standard News

Read more about Blackstone acquires media & data firm IDG for $1.3B on Business Standard. Leading investment firm Blackstone has acquired media and data company International Data Group (IDG) for $1.3 billion

Blackstone to acquire International Data Group from China Oceanwide

Blackstone To Acquire International Data Group For Enterprise Value Of $1 3 Bln

Blackstone To Acquire International Data Group For Enterprise Value Of $1.3 Bln NEW YORK CITY (dpa-AFX) - Blackstone (BX) said that it agreed to acquire International Data Group Inc. from Oriental Rainbow LLC, a subsidiary of China Oceanwide Holdings Group, Co. Ltd., for an enterprise value of $1.3 billion. Founded in 1964, International Data Group provides market intelligence for the fast-growing technology industry. For more than five decades, it has delivered proprietary insights and data for technology suppliers and buyers on every major shift in the technology market from the invention of the personal computer and launch of the iPhone to the emergence of cloud computing and artificial intelligence.

Blackstone acquires tech publisher IDG for $1 3B, as private equity strikes again

Blackstone acquires tech publisher IDG for $1 3B, as private equity strikes again
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