Insight Completes Ziff Enterprise Carveout

Ziff Davis Media Inc. has completed the sale of its Enterprise Group assets to Insight Venture Partners. The deal was valued at approximately $150 million in cash, plus a potential earn-out of up to $10 million. The Enterprise Group produces online content, lead generation services, events and publications serving the tech industry. Its assets include, but are not limited to, eweek.com, microsoft-watch.com, channelinsider.com, eWEEK magazine, CIO magazine and a database of 3.5 million business and technology users. www.ziffdavis.com