Niche information services provider United Business Media plc has announced that it will restructure CMP Technology (CMP) into four new, market-focused businesses. As independent organisations, each new business will be well positioned to meet the changing needs of the professional communities and technology markets it serves. The creation of these market-focused businesses is the latest step in CMP's strategic transformation into a next generation media company.
The four new divisions - TechWeb, Everything Channel, TechInsights and Think Services - and their respective CEOs will now be part of UBM-U.S. Each CEO will report to UBM Chief Executive, David Levin.
TechWeb, formerly CMP's Business Technology Group, will be led by CEO Tony Uphoff. TechWeb produces events such as Black Hat, Interop, VoiceCon and Web 2.0. Its other assets include InformationWeek, MSDN and TechNet.; bMighty.com, which covers the small and midsize business market; Intelligent Enterprise; Light Reading; the Financial Technology Network; and the TechWeb Network.
Everything Channel, formerly CMP Channel, will be headed by CEO Robert Faletra. The unit focuses on the indirect sales channel for technology purchases. It includes the ChannelWeb online network; CRN and VARBusiness; the XChange and Vision events; work flow tools (MTC and eXalt); telerecruiting; sales support; marketing services; research; and education.
Formerly CMP's Electronics Group, TechInsights, will be led by CEO Paul Miller. With global market leading brands such as EE Times, Semiconductor Insights, TechOnline, Embedded Systems Conferences and Portelligent, TechInsights is the leading dedicated information and services business serving the global electronics market.
Think Services, formerly CMP's Game, Dr. Dobb's and International Customer Management Group, will be led by CEO Philip Chapnick. The business' flagship products include the Game Developers Conference, the Webby Award-winning Gamasutra.com, the International Customer Management Institute, the Help Desk Institute and Dr. Dobb's Journal.
Each business will have the freedom to develop business models, audience development initiatives and international programmes that best fit its specific marketplace while also taking advantage of UBM's global footprint to support its international expansion. The new businesses will share support functions and infrastructure, including finance, IT services, legal and global account and sales management. The central functions will become part of UBM's US infrastructure with Scott Mozarsky, currently CMP's Chief Financial Officer, taking the role of Chief Operating Officer. Mozarsky will also serve on the Board of each business.
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