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    NetMediaEurope Buys CBS Interactive’s German Sites, Including ZDNet.de And CNET.de

    Robin Wauters

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    Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

    Monday, January 9th, 2012
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    zdnet

    CBS Interactive is exiting the German IT publishing market, selling its stable of local sites – ZDNet.de, Silicon.de and CNET.de – to NetMediaEurope (which also owns Gizmodo.de, ITespresso.de and Channelbiz.de).

    Terms of the deal were not disclosed.

    Read more at TechCrunch Europe.


    Crunchbase

    Company: CBS
    Launch Date: 1986
    IPO: NYSE:CBS

    CBS Corporation is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. CBS, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in all 50 states and key international markets. It has operations in several...

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