NEW YORK--(BUSINESS WIRE)--Ziff Davis, Inc., one of the nation’s leading technology media companies, today announced the acquisition of Toolbox.com, the #1 professional networking site for IT professionals, from the Corporate Executive Board.
Founded in 1998 and based in Scottsdale, AZ, Toolbox.com supports decision-making throughout the IT life cycle by linking over three million IT experts and executives across the globe each month. Toolbox.com enables users to evaluate vendors, plan and manage projects, solve problems and stay current.
Effective immediately, Toolbox.com will be a unit of Ziff Davis B2B Focus, which was formed earlier this year with Ziff Davis’ acquisition of Focus Research, Inc., a leading provider of online research to enterprise buyers and high-quality leads to IT vendors.
The fourth acquisition for Ziff Davis in the past year, Toolbox.com gives the fast growing digital media company a professional networking site with 2.3 million registered members who ask and answer thousands of IT questions each month. The media and lead gen offerings of Toolbox will strengthen Ziff Davis B2B Focus’ suite of offerings to IT marketers.
“We’ve added a critical piece to our puzzle with the acquisition of Toolbox.com,” said Vivek Shah, CEO of Ziff Davis. “The IT community relies on itself to make decisions and be informed. Owning the leading professional networking site is a significant strategic advantage for Ziff Davis.”
The Corporate Executive Board was represented by DeSilva + Phillips, a New York-based investment bank specializing in media, marketing and information companies, in its divestiture of Toolbox.com.
About Ziff Davis
Ziff Davis, Inc. is a leading digital media company specializing in the technology market, reaching over 40 million highly engaged in-market buyers and influencers every month. Ziff Davis sites, which feature trusted and comprehensive evaluations of the newest and hottest products, include PCMag.com, ExtremeTech.com and Geek.com. Ziff Davis also operates BuyerBase™, the most advanced ad targeting platform focused on tech buyers and LogicBuy.com, a leading provider of deals and discounts on tech products. Ziff Davis B2B Focus is a leading provider of online research to enterprise buyers and high-quality leads to IT vendors. More information on Ziff Davis can be found at ziffdavis.com.