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Home Banking & Finance

Padre Media is to acquire guidingtech.com

Fiinews by Fiinews
November 19, 2020
in Banking & Finance, Investment
Reading Time: 2 mins read
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Abhijeet Mukherjee.

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Existing staff and writers will stay onboard

Padre Media from San Juan, Puerto Rico, is acquiring guidingtech.com – leading technology and how-to site for ‘all things tech’ out of Ghaziabad.

The investment will be increased in the existing library, said Padre Media on 19 Nov 2020.

The acquisition also includes top global YouTube channels Guiding Tech and GT Hindi, among others. Padre Media owns and operates a portfolio of digital publishing businesses which help readers navigate today’s complex and exciting world of tech, gadgets, software and hardware.

“Guiding Tech is a leading technology destination for millions of people and we are excited to welcome it into our Padre Media family. We look forward to combining Guiding Tech’s editorial and video know-how with our operational expertise to become an even better resource for our growing audience,” says Dan Brian, Founder and CEO of Padre Media.

From software to hardware and from Apple to Android, GuidingTech.com has been publishing a diverse library of articles and videos for over 10 years.

“We are delighted Guiding Tech has found a new home that will continue to grow the site’s and YouTube channels’ audience, and give it the attention and investment needed to take the GT brand to the next level,” said Abhijeet Mukherjee, Founder and CEO of Guiding Media, the company that owned Guiding Tech.

Abhijeet started this business in 2010 as the sole founder and has never taken outside funding.

“With online videos on pace to make up more than 82% of all consumer internet traffic by 2022, we see Guiding Tech’s premier YouTube channel as the perfect bridge to reach tech beginners and gurus alike in a whole new way,” said Nick La Maina, Head of M&A at Padre.

Padre Media will keep the existing staff and writers on board as well as increase investment in the already extensive library of videos and articles that have made the business a success today.

Padre Media is a leader in the Digital Publishing space focused in consumer technology. Padre’s mission is to help consumers and professionals navigate both everyday technology challenges as well as build skills as a technology professional. #acquisition #banking #publishing #media #information #technology /fiinews.com

Tags: Guiding TechPadre Media
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