Corporate Executive Board Acquires ITtoolbox for $58.9 million

08/21/2007

The Corporate Executive Board (NASDAQ: EXBD) today announces that it has completed the acquisition of ITtoolbox for $58.9 million.



ebizQ received the following details:

With this acquisition, the Corporate Executive Board (CEB) extends its best practices research, decision-support tools, and executive education services through the addition of an online community that enables IT and business professionals to share knowledge on information technology.

The acquisition of ITtoolbox brings CEB more than 1.1 million registered professionals from the IT and business community, a proven methodology for facilitating the creation of user-generated content that is relied on by these professionals, and a platform for building communities in other domain areas currently served by CEB. In addition, CEB gains a seasoned staff of community development, IT, sales, marketing, and client services staff who have, over nine years, built a successful and profitable online service.

"We are pleased to join forces with ITtoolbox, a proven leader in online professional networking," said Thomas L. Monahan III, CEO of the Corporate Executive Board. "We believe that this model reinforces our strategy of helping executives and professionals to share ideas, data and best practices necessary to excel in their roles. We also think that - over time - ITtoolbox provides us with a platform for reaching professionals, in IT and beyond, whom we don't currently serve."

The ITtoolbox community gives professionals access to the collective knowledge of a worldwide IT workforce. Through a collaboration platform that incorporates blogs, discussion groups, a wiki, and professional networking, ITtoolbox satisfies the need for practical information in the rapidly changing field of information technology.

"We have built ITtoolbox around our deep belief in the value of peer-tested best practices for making people better at their jobs," said Dan Morrison, ITtoolbox CEO and co-founder. "As we learned about CEB's capabilities and passion for making people better at their jobs through services that include peer-tested best practices for executives, we concluded a combined company could provide considerably greater value to its members by leveraging these two proven models together."

  • Subscribe Newsletter
  • Contribute
Subscribe to ebizQ:

Enter your email address:

 Subscribe Blog Updates via RSS

 Subscribe News via RSS

ebizQ is very interested in what you have to say. To contribute an article, an opinion, or to become a blogger, please contact Peter Schooff.

  • Virtual Conferences
  • Webinars
  • Roundtables

SOA Cloud Qcamp

June 3, 2009

One of the most compelling trends in the enterprise business technology space over the past year has been the emergence of cloud computing. In ebizQ’s upcoming Qcamp virtual un-conference, leading industry experts and practitioners will explore the role of service-oriented architecture (SOA) and business process management (BPM) in supporting cloud-computing initiatives. Additionally, the new skills that developers and IT managers need for successful cloud development will be discussed.Register

View All Virtual Conferences

Best Practices in Moving Processes to the Clouds

Date:Apr 07, 2010
Time:13:00 PM ET- (17:00 GMT)

REGISTER TODAY!

How Can the Cloud Fit Into Your Applications Strategy?

Date:Apr 07, 2010
Time:12:00 PM ET- (16:00 GMT)

REGISTER TODAY!
View All Roundtables
  • White Papers
  • Podcasts
  • Blogs

Joe McKendrick: Part II of II: Designing Evolve-ability into SOA and IT Systems

In part two of Joe McKendrick's recent podcast with Miko Matsumura, chief strategist for Software AG, they talk about how SOA and IT systems need to change and grow and adapt with the organization around it.

Listen Now

Phil Wainewright: Helping Brands Engage with Social Media

Phil Wainewright interviews David Vap, VP of products at RightNow Technologies, and finds out how sharing best practices can help businesses understand how best to engage with online communities.

Listen Now

Peter Schooff: Making Every IT Dollar Result in a Desired Business Outcome: Scott Hebner of IBM Rati

Scott Hebner, Vice President of Marketing and Strategy for IBM Rational, discusses a topic on the top of every company's mind today: getting the most from IT investments.

Listen Now

Jessica Ann Mola: Where Will BI Fit In? Lyndsay Wise Explains

In BI, this tough economy and the increasing role of Web 2.0 and MDM are certainly topics on people's minds today. WiseAnalytics' Lyndsay Wise addresses each of them in this informative podcast.

Listen Now

Dennis Byron: Talking with...Deepak Singh of BPM Provider Adeptia

Deepak Singh, President and CTO of Adeptia, joins ebizQ's Dennis Byron in a podcast that gets its hand around the trend of industry-specific BPM.

Listen Now
More Podcasts
  • Most Read
  • Quick Guide
  • Most Discussed

Quick Guide: What is BPM?

Learn More

Quick Guide: What is Event Processing?

Smart event processing can help your company run smarter and faster. This comprehensive guide helps you research the basics of complex event processing (CEP) and learn how to get started on the right foot with your CEP project using EDA, RFID, SOA, SCADA and other relevant technologies. Learn More

Quick Guide: What is Enterprise 2.0?

A lot of people are talking about Enterprise 2.0 as being the business application of Web 2.0 technology. However, there's still some debate on exactly what this technology entails, how it applies to today's business models, and which components bring true value. Some use the term Enterprise 2.0 exclusively to describe the use of social networking technologies in the enterprise, while others use it to describe a web economy platform, or the technological framework behind such a platform. Still others say that Enterprise 2.0 is all of these things. Learn More


E-Zine: BPM Quarterly

This new publication from our sister site SearchSOA.com explores workflow, business activity monitoring (BAM) and complex event processing (CEP) issues.

Featured Bloggers

Scott Cleveland's Latest Blog Posts:

Read Scott Cleveland's Blog
Peter Schooff's Latest Blog Posts:

Read Peter Schooff's Blog
Michael Poulin's Latest Blog Posts:

Read Michael Poulin's Blog
Tim Huenemann 's Latest Blog Posts:

Read Tim Huenemann 's Blog
Adrian Grigoriu's Latest Blog Posts:

Read Adrian Grigoriu's Blog
Steven Minsky's Latest Blog Posts:

Read Steven Minsky's Blog
Andre Yee's Latest Blog Posts:

Read Andre Yee's Blog

View All ebizQ Bloggers