Manufacturing Industry
UNITED BUSINESS MEDIA PLC - Acquisition(s).
PR Newswire UK Disclose, January, 2006
11 January 2006
United Business Media acquires Shorecliff Communications for $12.3m
United Business Media today announced that it has acquired Shorecliff
Communications LLC, a US events business, for a cash consideration of $12.3
million.
Shorecliff's four principal events focus on the high growth technology markets
of radio frequency identification (RFID), broadband services, wireless
infrastructure and telecoms television / Internet Protocol television (IPTV).
The Shorecliff events are expected to generate revenue of around $6 million in
2006.
David Levin, Chief Executive of United Business Media, said
"The acquisition of Shorecliff reflects UBM's continuing commitment to
acquiring...
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