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Washington Post Company Sells Its Post Newsweek Tech Media Unit

Authored by Mark Hefflinger on December 8, 2006 - 2:05pm.
Washington - The Washington Post Company has agreed to sell its government publishing and events group, Post Newsweek Tech Media, to California-based 1105 Media Inc, a business-focused media company.

Post Newsweek Tech Media includes Government Computer News (GCN), Washington Technology, Government Leader, Defense Systems, online products and the FOSE trade show. The publications are major players in the DC region's government contracting sector. The FOSE trade show is the largest annual government-focused exposition in the country. Terms of the transaction were not disclosed.

"Although 1105 Media is a new company, we have deep roots in the government community through our publication Federal Computer Week (FCW) and its associated online products and vertical conferences," said Neal Vitale, president and CEO of 1105 Media, Inc. "We believe this transaction will allow us to serve government readers and advertisers with more timely and targeted information."

Related Links:
http://tinyurl.com/yxs5ac
http://www.1105media.com
tags: Deals | Internet | Tech | Acquisitions | Newspapers | Events | Publishing | 11%% | Government | WPNI |

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