Wednesday, January 03, 2007

1105 Media Acquires Fawcette Technical Publications' Assets

1105 Media, Inc., the owner of numerous print publications and related Web sites has acquired the operating assets of Fawcette Technical Publications (FTP), former publisher of Visual Studio Magazine (VSM) and producer of the VSLive!, Software Architecture Summit, Web Design World, and Web Builder 2.0 conferences, according to a January 2, 2006 Redmond Magazine news article.

Other FTP properties acquired include Java Pro, Window Server System Magazine, and Enterprise Architect online magazines, and Insight newsletters, including .NETInsight, JAVAInsight, XML & Web Services Insight, Software Architecture Insight, and Web Design & Development Insight.

The acquired properties will become part of 1105 Media's Redmond Media Group (RMG) , which publishes
Redmond Magazine (formerly Microsoft Certified Professional Magazine), Redmond Channel Partner, and Redmond Developer News together with related Web sites, and produces the semi-annual TechMentor and new TechPartner conferences. RMG was formed from 101communications' properties, which 1105 Media acquired in April 2006.

See links to recent VSM articles and FTPOnline special reports below the profile section to the right.

Update 1/8/2007: Berkery, Noyes & Co., LLC represented Fawcette Technical Publications in its sale of assets to 1105 Media.

Update 1/27/2007: Zacks Research posted on 1/8/2007 a brief interview with 1105 Media CEO Neal Vitale entitled "Dealmaker Indeed."

According to a Prospectus Supplement to a Prospectus dated September 29, 2006 for the sale of 4 million shares of its common stock, MCG Capital Corp. had made the following investements in Fawcette Technical Publications Holding: Senior Debt (16.5%, Due 12/06) $12,579,000; Subordinated Debt (16.4%, Due 12/06) $4,656,000; Series A Preferred Stock (8,473 shares) $2,569,000l; Common Stock (5,010,379 shares) 36% $0.0. MCG is an "internally managed, non-diversified, closed-end investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940."

Technorati Tags: , , , ,


Anonymous said...