"UCG found out pretty quickly that the virtual cocktail reception—an oxymoron at best—was not the answer. Their belief that people need to meet in person at events large and small has already paid dividends." I wrote that almost seven years ago after listening to a talk by UCG co-founder Bruce Levenson.

UK-based Informa has acquired Light Reading, which provides digital information, marketing and events business serving the TMT community. Light Reading will join Informa’s Knowledge & Networking Division, which includes specialist content, data products and high quality “confexes” in several key verticals including TMT.