iB3 Buys Dating, Social Networks

• By Justin Lee, December 19, 2008

•   Digg
    Delicious
    Reddit
    Newsvine
    Stumbleupon
    Twitter
  Facebook

  (close)

  From:

  To:

  (close)
  Share | Send | Print | Comments (0)

(WEB HOST INDUSTRY REVIEW) -- Web hosting provider iB3 Networks (www.ib3.com) recently announced it has acquired NYC Mag, the owner of MadisonAvenueMatch.com (www.madisonavenuematch.com), as well as made the move to purchase MGV Communications (www.mgvcommunications.com), the owner of social network site Plugmeister.com (www.plugmeister.com).

iB3 Networks has acquired NYC Mags and MadisonAvenueMatch.com in an all stock deal totalling $75,000.

As part of the agreement, Michael Jacobson has been appointed president of MadisonAvenueMagazine.com by iB3's board.

MadisonAvenueMatch.com is currently in development and expected to launch in the first quarter of 2009. The upscale online dating service is designed for busy New York City men and woman professionals, who are seeking a romantic relationship.

3 Networks signed a letter of intent earlier this week to purchase MGV Communications for an all stock deal.

According to the perss release, MGV Communication's Plugmeister.com is a "new niche online social networking community affording musicians, artists, directors, and writers the opportunity to upload their products for sale with sample media for all to hear or see."

Members can network, promote, and discuss artistic opportunities, industry professionals can use the social networking site to find talent, and venues can use the site to promote shows or special events or products.

"Plugmeister.com could be the next Facebook.com and MySpace.com with an itunes.com meets Youtube.com infrastructure," says Eric Schmidt, CEO of iB3 Networks. "The real uniqueness of Plugmeister.com affords artists the opportunity to self promote their talents to the entertainment industry virtually face to face. It's the site where upcoming directors can upload their movies or trailers, musicians their music, artists or photographers their images, writers their literary works or scripts and comedians their stand-up routines. Whatever type of entertainer it may be, they can upload their works to Plugmeister.com and be in business for themselves. This is the next generation of self promotion and we are plugged in."

iB3 Networks provides a range of services, including hosting solutions, managed hosting, dedicated hosting and colocation, managed services, design and implementation of networks, security and Internet monitoring, web development and application development.

• Print | Comments (0)

OLDER:  INetU Gets SAS70 II Certification

|

NEWER:  3FN Completes European Network Upgrade

• (0) Comments
• View Post