Navigation Links
Canon Communications to be Sold to United Business Media; Transaction Expands Global Reach of Canon's Advanced Manufacturing and Design Focus
Date:9/16/2010

LOS ANGELES, Sept. 16 /PRNewswire/ -- Canon Communications LLC today announced that it has agreed to be acquired by United Business Media Limited, a leading global business media company.  The agreement was arranged by Apprise Media, LLC, the management/investment company of Canon Chairman and CEO Charles G. McCurdy, and Spectrum Equity Investors, Apprise's private equity partner.  Apprise and Spectrum acquired Canon in 2005.

"The last five years have seen strong growth at Canon across all categories, notwithstanding a difficult past two years for the B-to-B media industry as a whole," said McCurdy.  "The outlook for Canon remains very promising.  We have already laid the groundwork for significant continued growth in trade shows, digital media, and data products.  Under UBM's ownership, Canon's businesses will continue to expand their global reach and ability to meet the information, events and data needs of advanced manufacturing and design engineering companies wherever and however they do business.  Canon's audiences and marketing customers can expect to see ever more compelling offerings in this next phase of Canon's growth under UBM."

Under Apprise's stewardship over the past five years, Canon Communications dramatically increased its scope of products, services and delivery platforms supporting the advanced manufacturing and design sector.  Canon now offers trade shows in eight countries around the world, up from two, as well as many more offerings around the United States.  Digital and data comprise 40% of Publishing revenues, up from 9%.  On the data side, the Master Audience File has dramatically enhanced Canon's ability to target its markets in uniquely effective ways.  In addition, Canon has built one of the most effective teams in the B-to-B media industry.

Canon Vice Chairman and COO Michael P. Behringer added, "Given UBM's size, resources and demonstrated ability to grow strong B-to-B media brands, on top of the continued growth of the advanced manufacturing and design segment worldwide, we believe that UBM can help accelerate Canon's success."

In addition to their Canon roles as Canon's two most senior managers, Charles McCurdy and Michael Behringer are Chairman/CEO and Managing Director, respectively, of Apprise Media, LLC, which they founded in 2004.   Apprise will be involved in the transition period following UBM's formal acquisition.   McCurdy and Behringer plan to continue their roles as managing investors in media companies through Apprise Media.

About UBM Limited

UBM is a London Stock Exchange-listed (UBM.L) global media business focusing on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetisation of B2B communities and markets.  UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists – with integrated events, online, print and business information products. Our 5,900 staff in more than 30 countries are organised into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently.

For more information, go to www.ubm.com

About Canon Communications

Canon Communications LLC, a portfolio company of Apprise Media, LLC, is the leading producer of trade events, publications, and electronic media for the $3 trillion advanced, technology-based design and manufacturing industry, including medical device, pharmaceutical, electronics, packaging, design engineering, process technology, automated assembly, quality control, and plastics processing.


'/>"/>
SOURCE Canon Communications LLC
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Argonauta Communications Certified as Women-Owned Business by the Womens Business Enterprise National Council (WBENC)
2. New Survey Explores the Impact of Insulin Injections and Communications Between Patients and Healthcare Providers
3. Argonauta Assist(TM)ance: Argonauta Communications Strives to Enhance Site-Based Recruitment Efforts
4. Richard E.T. Smith, Ph.D. Joins Pharmasset as Vice President of Investor Relations and Corporate Communications
5. Purple Communications Dream Bigger Initiative Honors Cancer Survivor and Deaf Community Activist as Trailblazer
6. EP Global Communications, Inc. Welcomes Stephen DeFelice, MD, to Advisory Board
7. DWA Healthcare Communications Group Names New Director
8. Ohr Pharmaceutical Selects Allen & Caron for Investor Relations, Corporate Communications
9. Carl Zeiss Chooses AT&T as Global Provider For Comprehensive Communications Services
10. Feintuch Communications Launches Integrated PR and IR Practice for Healthcare and Life Sciences Organizations
11. Informed Medical Communications Takes the Lead in Response to FDAs Bad Ad Program
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... , June 24, 2016 Dehaier Medical ... the "Company"), which develops, markets and sells medical devices ... , signed a strategic cooperation agreement with Hongyuan ... "Hongyuan Supply Chain") on June 20, 2016, to develop ... the strategic cooperation agreement, Dehaier will leverage Hongyuan Supply ...
(Date:6/24/2016)... June 24, 2016 Research and Markets ... for Companion Diagnostic Tests" report to their offering. ... Companion Diagnostics The World Market for Companion ... medicine diagnostics. Market analysis in the report includes the following: ... (In Vitro Diagnostic Kits) by Region (N. America, EU, ROW), ...
(Date:6/24/2016)... Mass. , June 24, 2016   Pulmatrix, ... pharmaceutical company developing innovative inhaled drugs, announced today that ... Russell Investments reconstituted its comprehensive set of ... "This is an important milestone for Pulmatrix," ... will increase shareholder awareness of our progress in developing ...
Breaking Medicine Technology:
(Date:6/27/2016)... (PRWEB) , ... June 27, 2016 , ... "FCPX editors ... customizable inside of Final Cut Pro X," said Christina Austin - CEO of Pixel ... style. Final Cut Pro X users can now reveal the media of ...
(Date:6/27/2016)... ... June 27, 2016 , ... A revolution is underway. ... transport experience for the millions of people who require these medical transport services ... industry through the use of technology. Now, SmartEMS has put forth an industry-changing ...
(Date:6/26/2016)... ... ... On June 10-11, 2016, A Forever Recovery, a holistic treatment center for ... Table in Battle Creek, MI, where the rehabilitation facility is located. This annual celebration ... world’s leading providers of cereal and other breakfast foods. Its residents often refer to ...
(Date:6/26/2016)... ... ... blind and certified personal trainer is helping to develop a weight loss fitness plan that ... the two major problems leading the fitness industry today:, , All ... They don’t eliminate all the reasons people quit their exercise program , ...
(Date:6/25/2016)... ... ... Austin residents seeking Mohs surgery services, can now turn to Dr. Jessica Scruggs ... for medical and surgical dermatology. , Dr. Dorsey brings specialization to include Mohs surgery, ... Micrographic Surgery completed by Dr. Dorsey was under the direction of Glenn Goldstein, MD, ...
Breaking Medicine News(10 mins):