JupiterResearch in $10.1 Million Merger Deal with Kagan ResearchAuthored by Mark Hefflinger on March 28, 2006 - 10:43am.
New York - JupiterResearch, a New York-based market research and consulting firm, announced on Wednesday that it has merged with Monterey, Calif.-based Kagan Research, also a provider of technology market research. Under the deal, Jupitermedia Corporation has sold its JupiterResearch unit to JupiterKagan for $10.1 million. JupiterKagan is a unit of MCG Capital, which acquired Kagan Research in 2004. "This merger brings together two brilliant teams of analysts with unparalleled expertise in their fields," said JupiterKagan CEO Tim Baskerville. "With greater scale, richer combined data resources, and a highly attractive continuous information service business model, JupiterKagan is positioned to be a major force in our industry." The combined company counts more than 100 employees in six major offices in the U.S., U.K., Germany and France.
http://tinyurl.com/q9g5s http://biz.yahoo.com/ap/060329/jupitermedia_sale.html?.v=1 (AP) http://www.kagan.com http://www.jupiterresearch.com |
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