Formerly called
|
International Data Corporation |
---|---|
Private | |
Industry | Media Technology |
Founded | 1964 Newtonville, Massachusetts, U.S. |
Founders | Patrick Joseph McGovern |
Headquarters | Boston, Massachusetts, U.S. |
Area served
|
Worldwide |
Owner | China Oceanwide Holdings Group |
Website | www |
International Data Group, Inc. (IDG) is a Chinese-owned, American-based media, data and marketing services and venture capital organization. IDG evolved from International Data Corporation (IDC) which was founded in 1964 in Newtonville, Massachusetts, by Patrick Joseph McGovern. IDC provides market research and advisory services and is now a subsidiary of IDG.
IDG operates in 97 countries and is headquartered in Boston. IDG's brands include CIO, Computerworld, PCWorld and Macworld. IDG produces these and its other publications on a national level in each country.
IDG's subsidiary IDG World Expo produces large-scale events, such as conventions. These are typically conventions for technology businesses. IDG World Expo runs E for All, Macworld Conference & Expo, and LinuxWorld Conference and Expo.
IDG also has its own international news agency, IDG News Service. It is headquartered in Boston and has bureaus in cities such as New York, Beijing, Amsterdam and Brussels. It provides news, images, video and other editorial content to IDG's web sites and print publications worldwide.
In 2005, several investors, including IDG, attempted to purchase BlogCN.
IDG Books, which was a public company spun off from the privately held IDG, published the popular self-help "...For Dummies" books. The "...For Dummies" range was originally limited to computer related fields, but later expanded to include a much wider variety of topics. The series is now published by John Wiley & Sons. IDG Books/Hungry Minds — as IDG Books was briefly renamed before being sold to Wiley in 2001 — no longer exists as a separate company.
In 2014, the founder and then-owner died, leaving the corporation to the McGovern Foundation, a family corporation.
In 2016, the corporation retained Goldman Sachs to explore a possible sale. On January 19, 2017, the Wall Street Journal reported that China Oceanwide Holdings Group was, as part of a Chinese consortium, acquiring International Data Group Inc., at the time known for IDG Ventures. Also at the time, International Data Group published publications such as Computerworld magazine, and according to the Journal, was "one of the first global venture capital investors in China." On March 29, 2017, China Oceanwide Holdings Group announced the close of the acquisition of International Data Group, Inc. (“IDG”).