Tuesday, February 07, 2006

TG Daily - CNET sells Computer Shopper to VC-funded startup

TG Daily - CNET sells Computer Shopper to VC-funded startup:
"A newly launched startup firm, SX2 Media Labs, becomes the magazine's fourth owner. Terms of the sale were not disclosed, but Cnet's statement this morning makes clear the sale has already happened. Early indications are that this is news to people both in- and outside of the publication. The new owner's chairman, Barry Schwimmer, did make reference this morning to the publication's 'top-notch editorial staff,' although it is not known how long they may continue to reside on that notch."
Via BizReport - CNET sells Computer Shopper