NEW YORK, NY -- (Marketwired) -- 07/01/13 -- TechMedia Network, Inc., one of the largest and most respected tech and science media companies, today announced it has acquired Bestofmedia Group, a global technology publisher and parent company to world-renowned tech publications Tom's Hardware, Tom's Guide and Tom's IT Pro. These sites join a TechMedia Network portfolio already home to tech and science leaders including TopTenREVIEWS, LAPTOP and Space.com. The combined company is now the third largest technology media publisher in the U.S.,(2) delivering unprecedented value to both consumers and advertisers through a first-of-its-kind integration of Content, Community and Commerce in the tech and science verticals.
TechMedia Network's flagship e-commerce property, TopTenREVIEWS, provides consumers with an industry-unique combination of content and shopping to help them make informed and immediate purchase decisions, generating more than one million "buy" transactions each month. This powerful commerce platform will soon be integrated throughout the company's expanded portfolio of premium tech and science properties and, when coupled with Bestofmedia's expert communities and content recommendation platform, will provide a highly-personalized product research, evaluation and purchase experience for more than 72 million consumers across the globe.
"Our goal is to become the most trusted tech and science publisher in the world by creating high-quality, personalized media experiences for our readers and customized ad opportunities for our clients, at scale," said Greg Mason, CEO of TechMedia Network. "By integrating our commerce engine with Bestofmedia's communities across our combined portfolio of sites, not only will we be able to deliver personalized purchase recommendations to consumers, but also highly specialized environments for advertisers to engage these consumers with timely and relevant content. It's a unique value proposition that we have yet to see in tech and science publishing."
Founded in 2000, Bestofmedia is a top ten global tech publisher, with more than 30 million monthly unique visitors(3) and media properties operating in eight different languages. Its marquee publication, Tom's Hardware, has been delivering quality and authoritative technology content since 1996 and is one of the oldest and most respected tech publications on the Web. The site has recently seen more than 85 percent growth in the U.S., thanks to community platform enhancements and an expanded editorial scope. Its community, combined with that of Tom's Guide, is one of the largest online destinations for tech experts and enthusiasts in the world, with millions of registered members and more than 35 thousand new tech questions answered each month.
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