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IDC Becomes Blackstone: Oriental Rainbow LLC, a subsidiary of China Oceanwide Holdings Group, sold IDG to Blackstone. The media and research company fetched $1.3B. The IDG family includes CIO, Computerworld, InfoWorld, Macworld, Network World, PC World and TechHive tech publications and the industry analyst firm International Data Corporation (IDC). IDG also recently acquired Triblio (marketing data platform) and Metri (IT pricing service).
The media and industry research sectors are going through some major changes as traditional content models continue to experience significant change. Verizon Media was recently sold to Apollo Global private equity. Presumably, PE is interested in making data-driven equity decisions. Informa (parent of NoJitter) owns the Omdia brand that includes roll-ups of Datamonitor, IHS Markit, Current Analysis, and Heavy Reading.