At the ABM Annual Conference: Membership approves merger with SIIA
Amelia Island, Fla.--American Business Media's membership today approved a merger with the Software & Information Industry Association. The 86-to-3 vote took place at the ABM Annual Conference here.
Under the terms of the merger, ABM will become a division of SIIA. The ABM's board unanimously approved the move earlier this month.
ABM President-CEO Clark Pettit said in an interview before the merger proposal was announced that together the two organizations cover the spectrum of print, digital, events, data, financial information, business information, paid content and marketing services. Taking a holistic approach to these disciplines will enable ABM and SIIA members to identify new business models more quickly, he said.
Only about 20 of the ABM's approximately 220 member companies currently belong to SIIA, which has a total of approximately 700 members.
Among other benefits, the merger of ABM with Washington, D.C.-based SIIA will provide a stronger lobbying presence, Pettit said.
The announcement of the merger came after 18 months of evaluating the best path for ABM, an organization that was founded in 1907.
Pettit said ABM plans to keep its “key programs,” such as the annual conference, executive forum and Jesse H. Neal National Business Journalism Awards, in place “for the foreseeable future.”