China Oceanwide, IDG Capital to acquire Computerworld-parent IDG
China Oceanwide Holdings Group and China-based IDG Capital have agreed to acquire tech journalism pioneer International Data Group, publisher of Computerworld, PCWorld and hundreds of other tech publications worldwide.
Tech analyst firm IDC and venture capital firm IDG Ventures are included in the deal, announced Thursday. The size of the deal was not officially released, although a Wall Street Journal story put the price at less than $1 billion.
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