TechInsights Sells European Business Press and Corresponding European Media Business
Acquisition Includes EE Times Europe and Microwave Engineering Europe
Sep 17, 2009
TechInsights, the daily source of essential business and technical information for the electronics industry's decision-makers, today announced that the company has reached a final agreement for the sale of its Brussels-based publishing company, European Business Press SA, to Andre Rousselot. EBP will continue to publish EE Times Europe under license from United Business Media [UBM] as well as Microwave Engineering Europe and their associated web sites, EET.eu and mwee.com. The change in structure reflects the growth opportunities of each business and supports TechInsights' continued evolution as a leading electronics information company.
The European embedded events, ESC UK and ESC Grenoble [France], which are part of the ESC franchise, will remain unaffected by the sale, as well as their affiliated print and online properties, and will continue to be managed by TechInsights.
"This new organization will allow EBP to concentrate on its core competence of English language pan-European business-to-business publishing in the electronics market and be more flexible in addressing the needs of its European readers," commented Andre Rousselot, President, EBP. "Advertising customers will benefit from a more direct relationship with the publishing team and best in class products for accessing their customers and prospects all over Europe."
"The move provides Andre with increased agility to run the business in that area of the world, as well as the freedom to increase focus on the European market," stated Paul Miller, CEO of TechInsights. "The EE Times franchise continues to be the premier pan European and global news and analysis product providing world class content for those key influencers and decision makers involved in the definition, development, and commercialization of technology in the electronics industry."
The agreement is effective immediately and all questions or comments regarding EBP and its publications should be sent to firstname.lastname@example.org
About TechInsights (http://www.techinsights.com)
TechInsights, a division of United Business Media, is the global leader in media, marketing, and information services for the electronics industry. We deliver results for the key influencers and decision makers involved in the definition, development and commercialization of technology in the global electronics market. More than 1.1 million engineering professionals engage with the EE Times Network - EE Times, TechOnline, DesignLines, and Embedded.com - across Europe, India, Japan, Taiwan, mainland China and North America. As well, the technology community comes to our events to share, learn, discuss, and advance the critical issues and challenges facing the electronics industry.
For more information on TechInsights please contact: Felicia Hamerman, Group Marketing Director T: 516.562.5652, email: email@example.com Notes to Editor: 1. About United Business Media Limited
UBM focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetisation of business-to-business communities and markets UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists - with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organised into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently.
For more information, go to www.unitedbusinessmedia.com
First Call Analyst:
CONTACT: Felicia Hamerman, Group Marketing Director of TechInsights,
Web Site: http://www.techinsights.com/
Company News On-Call: http://www.prnewswire.com/comp/181993.html