Summary:

Reed Business Information, which has avoided its own sell-off by off-loading many of its own titles, is now in buying mode, acquiring Ascend…

Airplane
photo: Corbis / Scott Barrow

Reed Business Information, which has avoided its own sell-off by off-loading many of its own titles, is now in buying mode, acquiring Ascend Worldwide, a supplier of aerospace information to investors.

Ascend will be integrated with RBI’s own aviation information brand, Flightglobal, which sits alongside the Flight International magazine in the portfolio. Terms are not disclosed.

Ascend offers online subscription services and provides valuations, appraisals and advisory services. The company is headquarted in London with offices in New York, Hong Kong and Tonkyo.

Comments have been disabled for this post