The New York Times Company is looking around for new acquisition targets. Any businesses the company buys will be its first acquisitions in more than three years.
In a Bloomberg interview, the company’s CEO, Janet Robinson, said The New York Times Co. is particularly looking toward technology companies as it prepares for these acquisition deals.
As the parent company for a large group of print newspapers — and as a company still feeling its way to new digital revenues — it behooves the Times Co. to use acquisitions as one way to strengthen its online offerings, gain a stronger foothold in mobile and tablet form factors and improve its overall suite of digital tools. via Venture Beat
December 3, 2011
