UK online media group M2 Communications has been sold to an Icelandic media group, paidContent.org has learned. Not sure on who exactly the buyer is, but the official announcement will come next week.
M2 is about 20 years old, when Darren Ingram, its founder, launched the first bulletin board on technology news back in the days. Ingram is leaving the company following the sale.
Among other industry speicifc newsletters.news service, M2 owns M2PressWIRE, what it says is the world’s third largest electronic press release distribution service. Its news services include M2 Telecomworldwire, M2 Nordic Business Report, M2 Airline Industry Information and M2 Best Books.
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