Ziff Davis, Inc. (NasdaqGS:ZD) acquired an unknown minority stake of Xyla Inc. for $25 million.
August 02, 2023
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Ziff Davis, Inc. (NasdaqGS:ZD) acquired an unknown minority stake of Xyla Inc. for $25 million on July 31, 2023. The transaction will be funded with partially cash and Ziff Davis common stock with Xyla leadership exchanging a portion of their Xyla shares for Ziff Davis common stock.
Ziff Davis, Inc. (NasdaqGS:ZD) acquired an unknown minority stake of Xyla Inc. on July 31, 2023.
Ziff Davis Inc is a United States-based company. The Company operates as a vertically focused digital media and Internet company. Its portfolio includes brands in technology, shopping, gaming and entertainment, connectivity, health and wellness, cybersecurity, martech and among other. Its segments include digital media and cybersecurity and martech. Its Digital Media segment specializes in the technology, shopping, gaming and entertainment, connectivity, and healthcare markets, offering content, tools, and services to consumers and businesses. Its digital media business operates a portfolio of Web properties and applications.
ZIFF DAVIS, INC. 
