internet.com Acquires Internet News Bureau

internet.com, the E-Business and Internet Technology Network, acquired Internet News Bureau, an online press release distribution service, from Multimedia Marketing Group Inc.

Terms of the acquisition were not disclosed.

Since 1995, the Internet News Bureau has offered media coverage reaching over 3,000 journalists from major Internet and computer magazines, e-zines, email newsletters, daily newspapers, television and radio.

Internet News Bureau has been run as a separate division of MMG, which creates Internet campaigns for major brands. Under the terms of the sale, Internet News Bureau will continue to be run from MMG headquarters in Bend, OR.

“Our audience of Web developers and Internet professionals, which is among the most significant on the Web, is a natural market for the promotional services Internet News Bureau offers,” said internet.com chairman and CEO Alan M. Meckler.

“This acquisition is an example of the synergies that internet.com can create to derive revenues from its network of Internet-specific communities. We expect to accelerate Internet News Bureau’s growth by cross promoting it throughout the internet.com network.”

internet.com operates a network of 76 Web sites, 49 email newsletters, 55 online discussion forums and 52 moderated email discussion lists with over 1.8 million unique visitors that generate more than 65 million page views monthly.