WebMediaBrands Inc.,a leading global provider of news, original information, career Web sites and events for information technology, business, media and creative professionals announced the selling of Internet.com division.
Although they sold Internet.com the company will still be able to operate its online bussiness through Mediabistro.com and Graphics.com .
Mr. Meckler statec about this that : "We believe that this transaction will be beneficial to WebMediaBrands and its stockholders as it will significantly improve our balance sheet and at the same time allow us to focus on growing BtoB communities in the non-tech space"
For more information visit http://www.webmediabrands.com/corporate/releases/09.08.10-WEBM_QuinStreet.html