In more than one instance the option indicated by Mirus’ analysis was not the one which would have led to the largest fee, but it was always the one which was demonstrated to be in the best long-term interests of the company’s shareholders.
- Allen L. Shulman, President, Interland
- Allen L. Shulman, President, Interland
Press Releases
Mirus Advises TechOnline
08/18/2005 - Boston, Massachusetts
Mirus Capital Advisors, an investment bank specializing in middle market merger and acquisition advisory, announced today that CMP Media, a subsidiary of United Business Media, has acquired TechOnLine (www.TechOnLine.com). Mirus advised the management and shareholders of TechOnline on the transaction.
In a press release from CMP Media, the Company announced that the combination of CMP Electronics Group's more than 14 market-leading media properties such as EE Times, DesignLines and Embedded Systems Conferences with TechOnLine's leading online educational resources, training and product evaluation services will create the most comprehensive set of news, information and education resources available to the electronics industry. CMP Media Electronics group will retain the TechOnLine brand and TechOnLine's current executive leadership will remain in their positions managing TechOnLine's products and services.
"The acquisition of TechOnLine creates a uniquely powerful resource and further strengthens the CMP Media Electronics Group's dominant position in the Electronics Industry," said Paul Miller, vice president and group publisher of the CMP Media Electronics Group. "By adding TechOnLine's rich offerings in online technical education, training and virtual product evaluation to our industry leading media and event properties, we're creating an incredibly valuable resource for our audience and becoming an even more integral part of their daily working life."
TechOnLine has created a worldwide community of more than 335,000 engineering professionals by providing online information, resources and training materials to the electronics technology community.
"Joining the CMP Media Electronics Group was the next logical step for us as it compliments our current membership base as well as extends our reach to add more value in the electronics technology community," said Derek Dunaway, TechOnLine CEO. "Our combined resources create the ultimate professional information and education source for the electronics technology industry."
About Mirus Capital Advisors
Mirus Capital Advisors provides investment banking solutions to middle market corporations in targeted technology, manufacturing, and service industries. Additional information about the firm is available on our web site www.merger.com.
About CMP Media's Electronics Group
The CMP Media Electronics Group is the premier technology and business media brand serving the information needs of the creators of technology worldwide through print, online and conferences.
As the most comprehensive and integrated source of electronics technology information, the CMP Media Electronics Group offers a full suite of products and services to reach the largest number of electronics systems design professionals throughout the world. With its combination of media properties, CMP Media Electronics Group focuses on delivering a targeted audience and actionable information to marketers in the electronics technology community.
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