TechMedia Network Inc. announced that is has acquired BuyerZone from Reed Business Information.

TMN is a digital tech and science publisher with proprieties like Space.com, TopTenReviews and LAPTOP. BuyerZone is an SMB purchasing and lead-generation platform with more than one million registered buyers and over 8,500 sellers on network.

Lead generation was a top priority for TMN, and although its sites were organically surfacing leads, the company wanted to do more. Rather than developing its own platform in house, TMN developed a partnership with BuyerZone in June 2013; and COO, Doug Llewellyn, suggests the merger seemed like a logical next step soon into the collaboration. “Strategically BuyerZone fit much more cleanly with TechMedia Network than it did with Reed,” he says. “Buyerzone’s business model is 100-percent in sync with ours.”

Llewellyn also says the company is molding its other properties around a similar theme-helping buyers make decisions. “The way our users come to TopTenReviews and TechMedia Network to find information and make buying decisions is squarely in line with the way the BuyerZone platform works,” he says.

Read more: http://www.foliomag.com/2014/techmedia-network-acquires-buyerzone#.UuGYrWTTlFR

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TechMedia, a media company and content network, has acquired BuyerZone.

TechMedia operates a network of websites that are technology and science related, including Laptop, Business News Daily, Tom’s Hardware, Space.com and Top Ten Reviews.  TechMedia says it has “72 million engaged tech and science enthusiasts” monthly.

BuyerZone is a lead-generation commerce site. It brings together SMBs who need business products and services, with vendors.  A small business owner or manager goes to BuyerZone to locate vendors and get price quotes for phone systems, payroll services, copiers, forklifts and other services and supplies.  BuyerZone said in its announcement that it has “over one million registered buyers and a network of more than 8,500 sellers across 150-plus product and service categories.”

BuyerZone was formerly owned by Reed Business information.  Terms of the deal were not disclosed.

STRATEGIC CONTENT AND COMMERCE COMBO

These kinds of combinations can make sense.  By adding a commerce component, content sites hope to expand their revenue streams. With direct commerce they do not have to rely solely on traditional advertising or subscriptions.

Commerce platforms likewise have an incentive to pair up.  With Amazon seeming to rule the world of consumer e-commerce, and Google displacing commerce through its direct shopping results, it can be hard to grow a commerce platform today. Commerce platforms always need more buyers.  Content draws buyers in.

Read more: http://smallbiztrends.com/2014/01/techmedia-acquires-buyerzone.html

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Technology and science publisher TechMedia Network is expanding its lead-generation business with the acquisition of BuyerZone. Financial terms of the deal were not disclosed.

Per the deal, TMN — parent to Laptop magazine, Space.com, and Tom’s Hardware — is getting BuyerZone’s marketplace of more than 1 million registered buyers and around 8,500 sellers across various product and service categories from digital copiers to security systems.

TMN CEO Greg Mason said BuyerZone is not the company’s first foray into lead generation. On the contrary, “Our existing reviews platform, TopTenReviews, has been extremely successful in facilitating connections between in-market buyers and sellers,” Mason said on Wednesday.

Read more: http://www.mediapost.com/publications/article/217939/techmedia-network-buys-buyerzone-enlarges-lead-ge.html

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The parent company of Space.com, Laptop magazine, and Tom’s Hardware is acquiring BuyerZone, a lead-generation business aimed at buyers and sellers of products for small and medium-sized businesses (SMB).

The expansion means TechMedia Network will be getting access to an e-commerce channel and can make money from lead generation, not just advertising. It already bills itself as the third-largest tech publisher in the world, after CNET and Ziff-Davis.

BuyerZone, which has been in business since 1992, has facilitated 7 million leads and tens of billions of dollars in transactions, according to a spokesperson for TMN. It currently includes more than one million buyers and 8,500 sellers in its network, with categories including business phone systems, point-of-sale systems, copiers, payroll services, and security systems.

Read more: http://venturebeat.com/2014/01/21/techmedia-network-buys-its-way-into-lead-gen-business-with-buyerzone-acquisition/

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Tech and Science Publisher Continues to Expand Commerce-Driving Platform with Top SMB Purchasing and Lead-Generation Engine

NEW YORK, NY (January 22, 2014) – TechMedia Network, Inc., one of the largest and most respected tech and science media companies, today announced the acquisition of BuyerZone, the leading online marketplace for buyers and sellers of SMB products and services. With this acquisition, TechMedia Network continues to expand its ability to both drive and simplify complex purchase decisions for end-users through an industry-unique combination of Content, Community, and Commerce.

“BuyerZone’s unique platform is a critical tool for small and medium-sized businesses,” said Doug Llewellyn, COO, TechMedia Network. “In SMB, every business purchase is an important one. BuyerZone helps buyers simplify these decisions, connecting them to the sellers that best meet their needs, while also giving sellers access to a high volume of quality sales leads. It is a service that has been tremendously successful to date and that we believe will support our continued efforts to make complex purchase decisions easier for consumers and businesses alike.”

Since 1992, BuyerZone has connected millions of businesses with quality sellers of SMB products and services through its sophisticated lead generation engine. Using BuyerZone’s intelligent-matching process, buyers receive multiple competitive price quotes on important business purchases, quickly and free of charge, simplifying decision-making and saving them time and money. In addition, BuyerZone delivers a cost-effective and results-focused way for sellers of any size to win more business, filling their sales pipeline with qualified, pre-screened leads at every stage of the purchase cycle.

“As a leader in the SMB category, we are excited to join TechMedia Network as they expand their reach into the SMB market and build out their portfolio of sites that connect intent-driven buyers and sellers,” said Aaron Bailey, SVP of Operations TMN and GM, BuyerZone. “We look forward to working with them to continue growing and scaling BuyerZone’s one-of-a-kind marketplace.”

BuyerZone’s marketplace features over one million registered buyers and a network of more than 8,500 sellers across 150-plus product and service categories, including business phone systems, POS systems, digital copiers, payroll services, and security systems. Top-tier vendors such as ADT Security Services, Toyota Material Handling, U.S.A., Inc., and Ricoh Americas Corporation are current BuyerZone sellers. To date, BuyerZone has facilitated over 7 million relationships through its lead generation engine, resulting in tens of billions of dollars in business transactions.

“The addition of BuyerZone to our growing portfolio of properties brings us closer to our goal of becoming the go-to resource for consumers and business professionals looking to simplify complex purchase decisions, “ said Greg Mason, CEO, TechMediaNetwork. “The powerful combination of our award-winning content, commerce-driving capabilities, and expert user communities, uniquely position us to simplify the information gathering and sales processes for consumers and businesses, instilling buyer confidence and enabling smarter purchase decisions.”

Terms of the agreement were not disclosed.

Follow TechMedia Network on TwitterFacebook, and LinkedIn.

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About TechMedia Network

TechMedia Network is one of the largest, most respected technology and science media companies in the world, with a global audience of more than 72 million engaged tech and science enthusiasts visiting our brands each month.

Through our award-winning portfolio of premium, original tech and science content, featuring category leaders likeTom’s HardwareLAPTOPTom’s GuideLiveScience and SPACE.com, our active and loyal user communities, and our proprietary reviews platform TopTenREVIEWS, we provide tailored media experiences and personalized purchase recommendations to technology consumers across the globe.

This unique combination of Content, Community and Commerce enables TechMedia Network to deliver customizable advertising solutions in highly specialized environments, making it possible for advertisers to individually engage tech consumers with relevant content and commerce experiences, at scale.

For more information visit: www.techmedianetwork.com or follow us on TwitterFacebook and LinkedIn.

About BuyerZone

Since 1992, BuyerZone has helped connect millions of businesses with thousands of quality sellers for hundreds of products and services. Buyers save time and money on important purchases by receiving free price quotes from sellers who best meet their needs. BuyerZone’s lead generation programs provide sellers with cost-effective, easy-to-implement and results-focused solutions that deliver leads from prospective buyers at every stage of the purchasing cycle.

BuyerZone is headquartered in Waltham, Massachusetts.

About Reed Business Information

Reed Business Information brings market leading brands to an audience of millions of decision makers worldwide through its multi-platform media of data services, online lead generation services, community websites, magazines and events. Reed Business Information is part of Reed Elsevier, a world leading provider of professional information solutions to the science, medical, legal, risk management, and business to business sectors.

 

PR Contacts:

January Machold, TechMedia Network

jmachold@techmedianetwork.com

415-378-4046

 

Chris Harihar, Crenshaw Communications for TechMedia Network

chris@crenshawcomm.com

212-367-9748

 

Paul Abrahams

Head of corporate communications, Reed Elsevier

T: + 44 (0)20 7166 5724

 

Jane Baldwin

Head of communications, Reed Business Information

T: +44 (0)20 8652 8012

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