Penton Sells Streaming Media

  • January 2, 2003
Information Today, Inc., last week acquired conference organizer Streaming Media from Penton Media in a stock transaction for an undisclosed sum. The purchase includes the streamingmedia.com website and newsletter. Penton, a b2b publisher and trade-show operator, bought Streaming Media in September 2000 for $65 million as it attempted to expand its Internet-related offerings, which include the Internet World tradeshow and magazine.
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