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Announced

Informa to acquire a 57% stake in TechTarget for $350m.

Synopsis

Informa, a provider of market insight and market access to the global business technology community, agrees to acquire a 57% stake in TechTarget, an American company which offers data-driven marketing services to business-to-business technology vendors, for $350m. “The addition of Informa Tech’s digital businesses has the ability to accelerate TechTarget’s strategic roadmap by allowing it to continue to innovate leading products, offer customers end-to-end solutions and grow profitably and create a platform to complete meaningful strategic acquisitions,” Gregory Strakosch, TechTarget Executive Chairman and Co-Founder.

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