Friday, April 04, 2014

Australia’s Cirrus Media acquires FST Media

News this week: Australia-based B2B media company, Cirrus Media (formerly Reed Business Information Australia), has acquired FST Media for an undisclosed sum. FST Media is a leading producer of technology conferences and specialist publications for the banking and financial services sector in the Asia Pacific region.

Under the terms of agreement, FST Media will retain its brand with the addition of several new key vertical markets to its current portfolio. FST Media’s managing directors, John Todd and Angela Horvat, will remain in their posts and become shareholders of Cirrus Media.

Jeremy Knibbs, CEO of Cirrus Media, said, “Cirrus Media is excited at the prospect to extend FST Media’s expertise in conferencing and specialist publications across our portfolio. Meanwhile, FST Media will further benefit from Cirrus Media’s strength in developing media brands, particularly through deeper digital engagement and content.”

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