GigaOm, the online media and events company targeting the tech market, has bought ContentNext Media, which includes digital media news site paidContent.org and related brands, from Guardian News & Media Limited.

Terms of the deal were not disclosed; Guardian News & Media put the company on the block in November 2011.

ContentNext Media also runs MocoNews.net, contentSutra and PaidContent:UK as well as a group of events. Its founder Rafat Ali, who is on GigOm's advisory board, departed the company two years after he sold it to Guardian News & Media in 2008.

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