Canon Communications acquires design engineering media properties from RBI-US

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
 
ACQUISITION  – STORY UPDATE
FDN Database Reference:  F231109-329

Earlier story –  Canon Communications may acquire several trade publications from RBI U.S. – 16th February 2010
 
Acquirer:  Canon Communications
ACQ Web:  http://www.cancom.com
Location:  USA, Los Angeles, CA
Region:  North America
Description:  Canon Communications is a portfolio company of Apprise Media LLC. the company produces trade events, publications, and electronic media for the $3 trillion advanced, technology-based manufacturing industry, including medical device, packaging, design engineering, process technology, automated assembly, electronics, quality control, and plastics processing.
Category:  B2B Media, Events
Contact 1:  Charles G. McCurdy, Chairman and CEO
Contact 2:  Ron Wall, Executive Vice President of Canon’s Publishing Division
Contact 3:  Kevin O’Keefe, Executive Vice President of Canon’s Events Division 
 
Vendor:  Reed Business Information – US
Vendor Web:  http://www.reedbusiness.com/us.html 
Location:  USA, New York, NY
Region:  North America
Description:  Business-to-business information provider, with more than 80 market-leading publications and Websites, as well as a range of services
Category: Media Owner
Contact:  John Poulin, Chief Executive Officer
 
Aprox. Value:  Undisclosed
 
Details:  Canon Communications has acquired four  media brands serving the advanced design engineering sector in the United States, Asia, and Europe. Included in the purchase from Reed Business Information – US are the worldwide assets of Electronic Design News (EDN), Design News, Test & Measurement World, and Packaging Digest. This is the third RBI sale reported on Fusion DigiNet since December 2009.
 
Link: Cannon Communications Announcement
  
Advisors:  Reed Business Information-US and Reed Elsevier were represented by The Jordan, Edmiston Group, Inc., a New York City-based investment bank that specializes in the media and information industries.
 
Fusion DigiNet has reported on two RBI sales in the past few months:

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