Agile Computing Authors: Liz McMillan, Zakia Bouachraoui, Yeshim Deniz, Elizabeth White, Pat Romanski

Related Topics: Agile Computing

Agile Computing: Blog Post

I Received an Email From Wilma Jordan This Morning

Ten years later, SYS-CON is one of the hottest media leaders in the world, reinventing both "new media" and "technology events"

New Media on Ulitzer

I received an email from Wilma Jordan this morning, announcing the promotions of Scott Peters and Tolman Geffs. I remember Scott from a brief period when we worked with JEGI ten years ago. Tolman must be new. Congratulations to both of them on their promotions.

I met Wilma Jordan and Richard Mead in 1999 to represent us in a possible merger, after receiving persistent phone calls from a number of larger competitors at the time. It was an interesting exercise. Actually Wilma's name came up in one phone conversation I had with a CEO, as part of an expedited process we could take to sell our company.

This CEO, whom I met over dinner in New York City, and I kept touch on and off since then. On one hand we were not thrilled with the idea of selling the company. On the other hand, if you are receiving weekly phone calls from the largest competitor in the business, it was common sense to pay attention and to understand what they wanted from us.

Two years prior to our dialog, this company bought a large player in tech media space for close to $300m, then another smaller tech publisher for $50m, then a six month old trade show company for $65m. I think they were buying all their competition at a rate of one company per month at that time.

After the dot-com crash and the planes hit the buildings, everything stopped, of course. The last phone call I received on this subject involved the possibility of us buying one of their recent acquisitions at a liquidation price. That was possibly a good opportunity for SYS-CON, but we chose to take a conservative route, especially after seeing one of our direct competitors crumble right before our eyes and its parts sold on the junk yard.

After ten years, looking back, I think we made smart and lucky decisions. Neither of those two close calls in our company history--going public during the dot-com craziness, or selling the company--would have led to where we are today. Because today, ten years later, SYS-CON is one of the hottest tech media leaders in the world, reinventing "new media" with our Ulitzer platform (http://www.ulitzer.com) and serving the industry worldwide with the most exciting events (http://events.sys-con.com) of the new decade.

Here is the press announcement from Wilma.

From: Wilma Jordan On Behalf Of Wilma Jordan
Sent: Thursday, January 14, 2010 9:02 AM
To: Fuat Kircaali
Subject: Scott Peters and Tolman Geffs Appointed Co-Presidents of JEGI

New York, NY January 14, 2010 - Wilma Jordan, Chairman and CEO of The Jordan, Edmiston Group, Inc. ("JEGI"), announced today the appointment of Scott Peters and Tolman Geffs as Co-Presidents of JEGI, the New York-based investment bank serving the media, information, marketing services and related technology sectors.

Ms. Jordan, who launched JEGI in 1987, noted, "We at JEGI are very pleased to make this announcement, which signals our firm's commitment to continued growth in the markets we serve. We believe 2010 will be an active M&A year for JEGI, and these appointments indicate our commitment to expanding our footprint in JEGI's core market sectors."

Mr. Peters joined JEGI in 1997 and was appointed Managing Director in 1999. Since then, he has managed more than 80 transactions for JEGI, covering a wide array of business information, consumer media, marketing services, and online media companies. Most recently, Mr. Peters completed the sale of Burton Group to Gartner (NYSE: IT) and the acquisition by e5 Global Media (Guggenheim Partners and Pluribus Capital) of leading media properties from Nielsen. He currently serves as a Media & Entertainment Sector advisor to The New York City Investment Fund and serves on the Advisory Board of Columbia Business School's Social Enterprise Program.

Mr. Geffs joined JEGI in 2004 and has played a key role in expanding JEGI's coverage of media-related Internet and technology companies. While at JEGI, Mr. Geffs has managed numerous transactions for online media, interactive marketing services, and technology companies, as well as broader media businesses seeking to expand in high growth new media markets. Most recently, Mr. Geffs represented Experian in the sale of Vente to Q Interactive and the sale of online behavioral targeting network Acerno to Akamai. Mr. Geffs brings a unique combination of experience to his role as a media banker, having begun his career in the M&A department of Lehman Brothers, consulted for media companies with McKinsey & Company and held a series of senior executive positions in media companies.

About JEGI
The Jordan, Edmiston Group, Inc. (JEGI) of New York, NY is the leading provider of independent investment banking services for media, information, marketing services and related technologies. Since being founded in 1987, JEGI has completed nearly 500 high-profile M&A transactions for global and emerging companies; entrepreneurial owners; and private equity and venture capital funds. For more information, visit www.jegi.com.

More Stories By Fuat Kircaali

Fuat Kircaali is the founder and chairman of SYS-CON Media, CloudEXPO, Inc. and DXWorldEXPO, Inc.

Kircaali came to the United States from Zurich University, Switzerland in 1984 while studying for his PhD, to design computer systems for SH-2G submarine hunter helicopters for the U.S. Navy. He later worked at IBM's IS&CG Headquarters as a market research analyst under Mike Armstrong's leadership, an IBM executive who later ran IBM Europe and AT&T; and Fuat was the Director of Information Systems for UWCC, reporting to CEO Steve Silk (later Hebrew National CEO), one of the top marketing geniuses of the past two decades.

Kircaali founded SYS-CON Media in 1994, a privately held tech media company with sales exceeding $200 million. SYS-CON Media was listed three years in a row by Inc 500 and Deloitte and Touche among the fastest-growing private companies in America. Kircaali launched DXWorldEXPO LLC, a Lighthouse Point, FL-based "digital transformation" events company in March 2017.

Fuat completed Bogazici University (ranked among the top 100 universities in the world) Business Administration program in 1982 with a Bachelor's Degree in Istanbul, Turkey. He was one of 50 students accepted to the program out of over 1 million high school graduates.


Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.

IoT & Smart Cities Stories
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments t...
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...