US company buys Fairfax b2b group

Boston-based IT technology publisher IDG has bought Fairfax Business
Media, which publishes monthly magazine MIS and quarterly, The C
Magazine.

The business will be integrated into IDG's UK
publishing operations based in London. IDG's global network of titles
totals over 300 magazines and more than 400 websites in 85 different
countries. IDG in the UK publishes PC Advisor, Macworld and Digit and
produces Techworld.com, an online news and reviews site for networking
professionals.

Fairfax launched The C Magazine, in July, is a
quarterly magazine for chief of staffs from CEOs to CFOs and looks at
strategic business and management issues from their perspective.

"This
acquisition further extends IDG's development into the enterprise IT
sector. MIS magazine is a strong publication that gives us the ability
to offer advertisers a range of advertising and marketing solutions to
address the needs of the most senior buyers of IT in the UK," said IDG
UK's Managing Director, Kit Gould.

All staff currently employed by Fairfax Business in the UK will transfer across to IDG and no job losses are expected. 

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