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Ziff Davis Completes One Acquisition in Q2 2022

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Ziff Davis, Inc. (NASDAQ: ZD) announced the completion of an acquisition in Q2 2022. The acquisition of Lose It!, a health-focused platform, expands Ziff Davis’ global customer base and product offerings. Although the specific financial terms were not disclosed, the company stated that the financial impact is not expected to be material. This strategic move aims to provide Ziff Davis access to new markets within the health sector.

Positive
  • Acquisition of Lose It! enhances Ziff Davis' global customer base.
  • Provides access to new market segments in health.
  • Expands the company's product lineup.
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- Ziff Davis, Inc. (NASDAQ: ZD) announced today that it completed one acquisition in the second quarter of 2022.

The acquisition listed below grows Ziff Davis’ global customer base, provides access to new markets and expands the company’s product lineup. The acquisition includes:

Lose It! (equity)

 

Health (USA)

Terms of the individual acquisition were not disclosed, and the financial impact to Ziff Davis is not expected to be material with respect to the acquisition.

About Ziff Davis

Ziff Davis (NASDAQ: ZD) is a vertically focused digital media and internet company whose portfolio includes leading brands in technology, entertainment, shopping, health, cybersecurity and martech. For more information, visit www.ziffdavis.com.

Rebecca Wright

Ziff Davis, Inc.

(212) 503-5247

investor@ziffdavis.com

Source: Ziff Davis, Inc.

FAQ

What acquisition did Ziff Davis complete in 2022?

Ziff Davis completed the acquisition of Lose It!, a health-focused platform.

How does the Lose It! acquisition impact Ziff Davis?

The acquisition expands Ziff Davis' global customer base and product offerings, particularly in health.

What were the financial terms of the Ziff Davis acquisition?

The financial terms of the acquisition were not disclosed, and the impact is expected to be immaterial.

What is the primary sector of the acquired company Lose It!?

Lose It! operates in the health sector.

Ziff Davis, Inc.

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