Ziff Davis completed the acquisition of TDS Gift Cards.

Ziff Davis, a vertically focused digital media and internet company, completed the acquisition of TDS Gift Cards, a global gift card processing and program growth management company. Financial terms were not disclosed. “TDS clients have long relied on TDS Gift Cards to build their global gift card programs; now, with the combination of Ziff Davis’ audience scale and TDS Gift Cards’ industry prowess and expertise, TDS clients can anticipate a seamless transition and an elevated level of service. The partnership is set to unlock new possibilities, providing clients with innovative new product solutions and enhanced growth management capabilities,” Jeff Mickeal, TDS Co-Founder and CEO.