SOURCE: American Business Media
NEW YORK, NY--(Marketwired - Apr 10, 2013) - ABM, the association of business information and media companies, and the Software & Information Industry Association (SIIA) announced today that they plan to merge in order to form the comprehensive, global business information and media industry association.
This plan is the result of 18 months of effort and commitment by the ABM staff and board of directors to preserve the association's 107-year-old legacy while gaining sufficient scale to represent the full range of b-to-b business models.
"Our members are rapidly evolving and expanding their businesses with new capabilities, business models and platforms -- and that requires access to new thought leadership, research and networking," said ABM President & CEO Clark Pettit. "The combination of SIIA and ABM creates the breadth and scale required to powerfully represent, promote and defend the entire business information and media industry. It creates the nexus that brings together all relevant business models and technologies and forms a platform for future strategic alliances."
The plan is for ABM to merge with SIIA's Content Division. ABM's services will continue while it seeks opportunities to drive more industry and member value through tighter integration with SIIA. Importantly, the two organizations will join forces in government affairs, creating a powerful global force in important legal and public policy debates across a wide range of issues impacting members' business practices and revenues.
"Together our memberships form the cornerstone of b-to-b," said SIIA President Ken Wasch. "By joining forces, we can bring the entire industry together and magnify opportunities for connection -- so the right people can connect in the right environments and bring innovations to market."
Approved unanimously by both the ABM and SIIA boards of directors, the plan is subject to approval by the ABM membership later this month at its Annual Conference.
For more information, visit a microsite dedicated to the merger at www.thenewABM.com.
Founded in 1906, ABM is positioned at the center of the global b-to-b ecosystem. As the only industry association focused on the entire b-to-b business model -- data, events, information, marketing services and media -- ABM delivers intelligence to industry professionals worldwide, including Madison Avenue, Wall Street and the Beltway. ABM's 200-plus member companies reach an audience of more than 100 million professionals and represent nearly 4,000 print and online titles and over 1,000 trade shows, with more than $20 billion in annual revenues.
The Software & Information Industry Association is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to the leading companies that are setting the pace for the digital age.