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Announced

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I/O Media to acquire IDEAT Editions.

Synopsis

I/O Media, a marketing and advertising company, agreed to acquire IDEAT Editions, a publisher of interior design and lifestyle magazines. Financial terms were not disclosed. With this new acquisition, I/O Media, supported by business angels, follows its diversification towards digital, and will reach €20m in revenue with a distribution of 100k issues and nearly 45k subscribers.

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