New York – WebMediaBrands,
a business publisher and events producer whose titles include MediaBistro.com,
announced on Monday that it has acquired the social media tradeshows Social
Gaming Summit, Virtual Goods Summit and iGames Summit.
Under the terms, WebMediaBrands
acquired all of the equity of 3rd Power, organizer of the events, from Charles
Edward Hudson.
The deal also includes several new tradeshows due to be launched
this year.
Financial details were not disclosed.
Hudson will become a consultant to
WebMediaBrands.
"3rd Power’s social media tradeshows are leaders in their
respective areas of coverage," said WebMediaBrands chairman and CEO Alan
M. Meckler.
"We expect these shows to continue their growth trajectories
and we plan to add east coast and European versions in 2010."
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