WebMediaBrands Acquires 3rd Power LLC, Producer of Social Media Trade Shows
Mediabistro’s parent company, WebMediaBrands Inc. (Nasdaq: WEBM), today announced that it has acquired 3rd Power LLC from Charles Hudson. 3rd Power’s main assets are three social media trade shows, the Virtual Goods Summit, Social Gaming Summit and iGames Summit.
WEBM chairman and CEO Alan Meckler plans to expand the shows nationally and internationally.
“We expect these shows to continue their growth trajectories and we plan to add east coast and European versions in 2010,” said Meckler.
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