Gartner

Newsroom

STAMFORD, Conn., February 29, 2008 View All Press Releases

Gartner Completes Sale of Vision Events to CMP

Gartner, Inc. (NYSE: IT), the world’s leading information technology research and advisory company, today announced it has completed the sale of its Vision Events portfolio to CMP, a media and marketing solutions company serving the technology industry and a subsidiary of United Business Media (UBM.L).  

Beginning in first quarter 2008, Gartner expects to account for Vision Events as a discontinued operation.  In 2007, the business generated revenue of approximately $21 million, Normalized EBITDA of approximately $4 million and earnings per share of approximately $0.02. Excluding Vision Events, Gartner’s global events business delivered 62 events and generated revenues of $160 million in 2007.

The Jordan, Edmiston Group, Inc. (www.jegi.com) of New York, the leading provider of independent investment banking services for the media and information industries, represented Gartner in this transaction and acted as its exclusive financial advisor.

MEDIA CONTACT:
Andrew Spender
Gartner
+1 203 316 3286
andrew.spender@gartner.com
                                                                                                    

INVESTOR CONTACT:
Henry Diamond
Gartner
+1 203 316 3399
henry.diamond@gartner.com
  

Contacts
About Gartner

Gartner, Inc. (NYSE: IT) is the world's leading information technology research and advisory company. We deliver the technology-related insight necessary for our clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, we are the valuable partner to clients in over 9,000 distinct enterprises worldwide. Through the resources of Gartner Research, Gartner Executive Programs, Gartner Consulting and Gartner Events, Gartner works with every client to research, analyze and interpret the business of IT within the context of their individual role. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, USA, and has 6,400 associates, including more than 1,480 research analysts and consultants, and clients in 85 countries. For more information, visit www.gartner.com.

Comments or opinions expressed on this blog are those of the individual contributors only, and do not necessarily represent the views of Gartner, Inc. or its management. Readers may copy and redistribute blog postings on other blogs, or otherwise for private, non-commercial or journalistic purposes. This content may not be used for any other purposes in any other formats or media. The content on this blog is provided on an "as-is" basis. Gartner shall not be liable for any damages whatsoever arising out of the content or use of this blog.

Gartner Insight
Gartner Webinars