TopTenReviews Acquires Space.com, LiveScience.com and Newsarama.com
Posted on November 3, 2009TopTenReviews has acquired the Consumer Media Division of Imaginova Inc., a privately held company based in New York City. Included in the acquisition are Space.com, LiveScience.com and Newsarama.com. TopTenReviews has established the TechMediaNetwork to incorporate these properties. Combined, 12.2 million people visit TechMediaNetwork sites each month.
"This acquisition expands TopTenReviews' coverage as a trusted technology adviser and strengthens the company as a source of technology news," said TopTenReviews founder and CEO Jerry Ropelato. "We see strong potential for growth in traffic and revenue as a result of the synergy between the sites."
PaidContent says TopTenReviews raised $6 million in 2008.