Social Network For IT Professionals Toolbox.com Acquired By Ziff Davis

Digital media publisher Ziff Davis has acquired Toolbox.com, a social networking and knowledge exchange website for IT, HR and Finance professionals that has been around since the late nineties and was previously owned by a company called the Corporate Executive Board. Terms were not disclosed. For Ziff Davis, which was acquired and 'relaunched' as a digital-only media publishing company by former Time Inc. exec Vivek Shah in partnership with PE firm Great Hill Partners back in June 2010, this is the fourth acquisition in the past twelve months.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/j-zYJZxMFRg/

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