UBM Acquires Canon Communications

United Business Media (UBM) has bought Canon Communications — publisher of 15 titles dealing with the medical design, design engineering, and pharmaceutical fields — from Apprise Media LLC for $287 million, minOnline reports.

In addition to its print offerings, Canon also organizes trade shows and owns several digital and data products. The company has focused on expanding its events business in recent years, with trade shows currently comprising nearly half of its revenue.