Jupiter Research is sold to INT Media
June 21st, 2002
Just learned that Jupiter Research/events was sold to INT Media (A.K.A. Internet.com; the folks who bought ClickZ for $16 mill in mid-2000, albiet the majority of that was now-very-differently-valued-stock) for $.25 million. Which is a pretentious way of saying “$250,000,” which in my neighborhood would buy you a nice one-bedroom condo. Of course if you decided to go for the ailing research firm option instead of the condo option, you also end up with 90 employee mouths to feed. Personally, I’d prefer something maybe with a balcony.
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