in 2016, the corporation retained goldman sachs to explore a possible sale. on january 19, 2017, the "wall street journal" reported that china oceanwide holdings group was, as part of a chinese consortium, acquiring international data group inc., at the time known for idg ventures. also at the time, international data group published publications such as "computerworld" magazine, and according to the "journal," was "one of the first global venture capital investors in china." on march 29, 2017, china oceanwide holdings group announced the close of the acquisition of international data group, inc. (“idg”).