j2 Global has acquired Ziff Davis for $167 million in cash. Ziff Davis is a technology magazine publisher company that went into bankruptcy in 2008. Ziff Davis now runs websites like Geek.com, PCMag.com, ExtremeTech, Toolbox.com, etc. J2 acquired the company from Great Hill Partners in Boston. ZD will add around $60 million to j2’s 2013 revenue. j2’s 2012 revenue will now be exceeding $365 million.
Pulse2.com is relaunching on the first of February.