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Patrick J. McGovern
Patrick McGovern is Founder and Chairman of International Data Group (IDG), the 2nd largest private company in Massachusetts, which had 2007 revenues of $3.0BN. Graduating from MIT in 1959, in 1964 McGovern founded International Data Corporation (IDC), now an IDG research subsidiary, to serve information technology (IT) markets. Three years later, McGovern launched Computerworld to report on computer industry and product news. Today, IDG has more than 300 publications, 450 online sites, 750 events and 500 market research programs across 90 countries. In addition to IDC and ComputerWorld, its properties include NetworkWorld, InfoWorld, CIO, CSO, PCWorld and GamePro. Since 1992, McGovern has been an active principal in all of IDG Ventures' early stage technology funds, with commitments of approximately $900MM in 6 funds across the US and Asia. McGovern and his wife, Lore, established the neuroscience-focused McGovern Institute at MIT in 2000 with a gift of $350MM, one of the largest university gifts in history, and broke ground in 2003. |
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