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BtoB

ZDNet gains full ownership of ZDNet Australia

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San Francisco--ZDNet Inc. has bought full ownership of ZDNet Australia. Previously, it split ownership of the company with APN News and Media, Sydney. Financial terms were not disclosed. Several U.S. b-to-b kingpins, including consultancy McKinsey & Co., have also recently begun projects in Australia. CNET Networks Inc. recently announced that it will buy ZDNet Inc. for $1.6 billion.
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