United Business Media (LSE: UBM) is a business providing business information services principally to the technology, healthcare, media, automotive and financial services industries.
It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
The Company was founded in 1918 as United Newspapers. It acquired PR Newswire in 1982.
In 1985 it bought Express Newspapers and continued to publish the Daily Express for some 15 years. It changed its name to United News & Media in 1995 and bought CMP Media in 1999 for $920 million. In 2000, it sold the Daily Express to Richard Desmond and adopted its current name of United Business Media. It went on to acquire Commonwealth Business Media for $152 million in 2006.
The history of the companies that now make up United Business Media stretches back almost two hundred years to the Journal of Commerce which was founded and first published by Samuel Morse - of Morse Code fame - in 1827.
Today, the Journal of Commerce is produced in both print and digital formats by UBM Global Trade. UBM businesses still publish many other titles that were launched in the 19th century, including Building magazine, launched in 1843 by Joseph Hansom, as well as Chemist & Druggist.