Rumor is that the enterprise division of the Ziff Davis, the trouble tech media company, has been sold to the media private equity firm Quadrangle Group….this is consistent with other reports coming out where the company would be sold in various pieces. Quadrangle had been circling around for a while, came close and then lost interest, but then came back again, from what I understand.
The enterprise group consists of magazine and sites such as eWeek, Baseline, and a bunch of other properties….
The announcement may come before Thanksgiving. I haven’t been able to confirm it, so take it as such.