TechNet and Information Technology Industry Council End Merger Negotiations

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November 20, 2012

TechNet and Information Technology Industry Council End Merger Negotiations

Washington, DC – TechNet, the bipartisan policy and political network of technology CEOs that promotes the growth of the innovation economy, and the Information Technology Industry Council have respectfully ended merger negotiations.

“After months of constructive conversations, both TechNet and ITI agreed that the negotiations ought to conclude and are committed to working together towards the common cause of making the tech sector stronger and more effective,” said Rey Ramsey, President and CEO of TechNet. “What this means for TechNet is a seamless move to implement a strategy designed to bring value to our members and to the technology and innovation sectors. TechNet will provide an even stronger voice to the needs and concerns of our members and this industry while enhancing our political and state government operations.”

About TechNet:
TechNet is the national, bipartisan network of CEOs that promotes the growth of technology industries and the economy by building long-term relationships between technology leaders and policymakers and by advocating a targeted policy agenda. TechNet’s members represent more than one million employees in the fields of information technology, biotechnology, e-commerce and finance. TechNet has offices in Washington, D.C., Palo Alto, Sacramento, Seattle, Boston and Austin. Web address: www.technet.org. You can also follow us on Facebook and Twitter at @technetupdate.