j2 Global Acquires Ziff Davis

j2 Global, a provider of business cloud services, has acquired Ziff Davis, a media technology company. The acquisition provides j2 with a series of web properties, including PCMag.com, ComputerShopper, ExtremeTech, Toolbox.com and Geek.com. The purchase price was approximately $167 million and was funded out of j2’s cash on hand.

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