Ziff Davis will deliver “fantastic content,” per new owner

Ziff Davis Media has been bought by former Time Inc executive Vivek Shah in partnership with Boston-based Great Hill Partners.

Ziff Davis, known for producing articles on consumer electronics and technology for the web and other digital platforms, filed for bankruptcy protection in 2008, which resulted in a complete overhaul in 2009.

“Ziff Davis is an incredible foundation off which to build an exciting new digital media company focused on delivering fantastic content to our audience and unprecedented opportunities to marketers,” said Shah in a press release.

The deal includes the digital properties PCMag.com, ExtremeTech, GearLog, GoodCleanTech, DL.tv, AppScout, CrankyGeeks, Smart Device Central and TechSaver.com. Together they have a circulation of just over 7 million readers.

Shah, who worked for Time Inc from 1995 until 2009, was responsible for building CNNMoney.com and also ran Time.com and SI.com. Prior to that, he was the president of FORTUNE and MONEY magazines.

Financial details of the deal were not disclosed and it’s not known if the deal will impact the approximately 100 Ziff Davis employees.  The company’s current chief executive, Jason Young, will be leaving after a brief transition period.


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