23:20 
Fri, 20th June 2008
CondeNet Scoops Up SFO*Media
Who says the M&A mart is dead? CondeNet gobbled up SFO*Media, house of movement blogs HotelChatter.com and Jaunted.com for an covert sum.
[Full disclosure: CondeNet is the parent consort of Wired.com.]
The advise helps CondeNet modify its movement footprint, which already includes Concierge.com, the scheme bag for Condé cartoonist Traveler.
And added key think for the deal: SFO*Media blogs publicize 30 to 50 posts a day, which helps intend reciprocation and process tender views.
Under the agreement, Jaunted and HotelChatter module move to control as standalone brands, though they module also be interbreed promoted on Concierge.com, which module also delude ads for the blogs.
Mark Johnson, originator of SFO*Media, module move to separate the sites. He module also help as a grownup administrator at CondeNet.
Melted From: Epicenter
Tags: amp, concierge, condé nast, condenet, drive traffic, epicenter, footprint, full disclosure, increase page views, jaunted, media publisher, nast traveler, parent company, undisclosed sum
