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In a move that will help extend CNET Networks’ market share with IT professionals, the San Francisco-based go-to Web site for the technology industry announced Tuesday that it has acquired TechRepublic, Inc.
Purchased from Gartner, Inc. for $23 million in cash and common stock, the acquisition will help expand CNET’s dominance in the online technology news and information space.
According to Nielsen NetRatings, Louisville, K.Y.-based TechRepublic is the leading online destination developed exclusively for Information Technology (IT) professionals by IT professionals.
TechRepublic
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