Jupiter Research Becomes JupiterKagan

A $10.1 million price tag allowed MCG Capital Corporation's JupiterKagan to purchase Jupiter Research from the Jupitermedia Corporation. Jupitermedia continued to shift more of its focus on the global image sales market. Today, the company disclosed through its financial advisor, The Jordan, Edmiston Group, that the long-rumored sale of Jupiter Research had taken place: Jupitermedia Corporation (Nasdaq: MCGC). What has happened here is Jupiter Research and Kagan Research LLC have been merged into JupiterKagan Inc, according to Jupiter Research's David Schatsky. He Schatsky moves up from his senior vice president's role with Jupiter Research to president of JupiterKagan. Kagan's former president Tim Baskerville will become CEO of the new company. Putting together the two names helps with brand recognition. "MCG Capital is combining the names of Jupiter and Kagan, into JupiterKagan, following this transaction, in order to maintain the Jupiter brand," JEGI's Adam Gross said in an email. | document.write("Email Murdok here.") Add to document.write("Del.icio.us") | Yahoo! My Web Drag this to your Bookmarks. Get all the updates in RSS: David Utter is a staff writer for Murdok covering technology and business.