Ziff Davis Completes Two Acquisitions in Q3 2022
Ziff Davis (NASDAQ: ZD) announced it has completed two acquisitions in Q3 2022, which aim to enhance its global customer base and product offerings. The acquired entities are 1TwentyFour from the USA and CellRebel from Sweden, focusing on entertainment and connectivity, respectively. While specific financial terms of these acquisitions were not disclosed, Ziff Davis expects no significant material impact on its financials from these transactions.
- Acquisitions expand Ziff Davis' global customer base.
- Access to new markets through 1TwentyFour and CellRebel.
- Enhances product lineup, providing growth opportunities.
- None.
The acquisitions listed below grow Ziff Davis’ global customer base, provide access to new markets and expand the company’s product lineup. The acquisitions include:
1TwentyFour (asset) |
Entertainment ( |
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CellRebel (equity) |
Connectivity ( |
Terms of the individual acquisitions were not disclosed, and the financial impact to Ziff Davis is not expected to be material with respect to those acquisitions.
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.
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