International Data Group (IDG), a leading market intelligence and data company, today announced the completion of the sale of Foundry – a portfolio of editorial brands, awards, events, and marketing...
NEEDHAM, Mass.: International Data Group (IDG), a leading market intelligence and data company, today announced the completion of the sale of Foundry – a portfolio of editorial brands, awards, events, and marketing services — to Regent, a global private equity firm focused on innovating and transforming businesses.
The sale marks a significant milestone in IDG’s 60-year history, enabling IDG to focus on the core strengths of International Data Corporation (IDC), its technology intelligence company, which offers some of the world’s most trusted research, data, and events to businesses navigating an AI-driven world.
“This transition positions IDC to accelerate its innovation, and to continue delivering greater value to our customers in a defining moment of technological change. As it has in the past, IDC is well-poised to provide the technology intelligence leadership that businesses need to advance in this new era,” said Genevieve Juillard, CEO of IDG.
This announcement comes as IDC celebrates a significant milestone — the 60th anniversary of IDC Directions, its flagship conference, which commences on April 2, 2025, in San Jose, CA. For six decades, IDC Directions has been the premier event for industry leaders seeking forward-looking insights into technology, business, and market trends.
“With Directions, we have consistently delivered the insights our customers need to navigate change and capitalize on opportunities,” added Juillard. “This year, we are launching IDC’s Global AI Maturity Model Benchmark study to guide companies in deploying AI at scale. As technology evolves rapidly, IDC is uniquely positioned to provide the strategic intelligence and guidance required to make informed decisions. This new chapter marks an exciting evolution for our company as we expand our capabilities to meet the evolving needs of our customers.”
The terms of the Foundry transaction were not disclosed. Centerview Partners LLC acted as IDG's financial advisor in connection with the transaction.
About International Data Group
International Data Group, Inc. (IDG) is the world’s leading and most trusted market intelligence and data company, with operations around the globe. Every day, technology decisions are made using the essential intelligence delivered by IDC’s analyst-backed research and proprietary data and at our most sought-after events for the technology market. IDG has been at the forefront of technology evolution for 60 years. To learn more about IDG, please visit idg.com.
About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly owned subsidiary of International Data Group (IDG), the world's leading tech media, data, and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights.
Fonte: Business Wire
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