Commonwealth Business Media (CBM; East Windsor, NJ), a
unit of United Business Media and the publisher of trade, transportation
and travel information, news and intelligence, has acquired the MRO
(maintenance, repair and overhaul) forecast data division of
AeroStrategy.
Commonwealth Business Media (CBM; East Windsor, NJ), a unit of
United Business Media and the publisher of trade, transportation and
travel information, news and intelligence, has acquired the MRO
(maintenance, repair and overhaul) forecast data division of
AeroStrategy (Ann Arbor, MI; Amersham, UK) for $900,000 with an
additional performance-related consideration of up to $1.2 million
payable over a three year period. CBM has purchased the data business
related to five major aviation MRO market segments covering business and
general aviation, military, air transport and civil helicopter
operators. CBM said the acquired assets provide "outstanding
synergy" with its Official Airline Guide's (OAG) data suite
and its Aviation Industry Group's "MRO Magazine" and
conference products. AeroStrategy will continue to update the database
under a three year service contract while transitioning all processes to
the existing content management group at OAG.
COPYRIGHT 2008 JK Publishing,
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NOTE: All illustrations and photos have been removed from this article.
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