TechMediaNetwork, a digital publisher and content provider of consumer technology and science news, is to purchase the assets of LAPTOP and LaptopMag.com, the mobile technology magazine and website, in a private sale. The deal is expected to close in July. LAPTOP’s management team and editorial staff will become part of TechMediaNetwork, and join it at its relocated offices in New York City.
“Mobile is the hottest area in technology, and with LAPTOP’s focus on mobility and quality content, we get to show off our strengths in distribution and advertiser ROI, making this union a perfect fit,” said Jerry Ropelato, CEO of TechMediaNetwork. “We are excited about the synergies of our businesses and the opportunities for growth.”
In October 2009, TechMediaNetwork purchased the consumer division of Imaginova that includes SPACE.com, LiveScience.com and Newsarama.com, and began executing a strategy of quality technology and science titles.
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Fusion Corporate Partners 