TechMedia Network Acquires Tom’s Hardware Parent Company Bestofmedia Group
TechMedia Network is a company that is known for running several top web companies. TechMedia Network has acquired Bestofmedia Group, the parent company of websites like Tom’s Hardware, Tom’s Guide, and Tom’s IT Pro. TechMedia Network is known for running websites like TopTenREVIEWS, LAPTOP, and Space.com.
TechMedia Network will now have a combined traffic of 72 million monthly unique visitors. The combined company is now the third largest publisher in the United States. Bestofmedia was founded in 2000 and receives over 30 million monthly unique visitors. Tom’s Hardware has thousands of registered users and over 35,000 new tech questions answered per month.
“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,” stated TechMedia Network CEO Greg Mason. “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.”