PennWell acquires LEDs Magazine

PennWell Corporation, a diversified global media and information company, announced today that it has acquired LEDs Magazine, a business-to-business digital magazine.

Jun 1st, 2007

PennWell Corporation, a diversified global media and information company, announced today that it has acquired LEDs Magazine, a business-to-business digital magazine and web site (www.ledsmagazine.com) covering the technology and applications of Light Emitting Diodes (LEDs). Financial terms of the sale were not disclosed.

Tim Whitaker, who founded LEDs Magazine in 2004, will join PennWell as Publisher/Editorial Director. He will remain based in Bristol, U.K, where he operated the business prior to the sale to PennWell.

LEDs Magazine and its associated web site include a weekly newsletter and annual LEDs Suppliers Directory to serve more than 20,000 readers who specify, design, and manufacture LED-based products for a wide range of end-use applications including general and architectural lighting, signs and displays, mobile appliances, vehicles, signals, and industry and medical.

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