November 29, 2006 – (HOSTSEARCH.COM) – Web Ckrush Digital Media is to acquire web hosting solutions provider TriSoft Media, Inc., it was announced this week. The agreement includes the company’s online social networking and entertainment sites AudioStreet.Net and MixStreet.Net, sites with a combined total of 450,000 members. Although subject to the completion of due diligence and approval by Ckrush’s Board of Directors, the transaction will likely be completed December 31, 2006.
Aside from TriSoft’s key websites, Ckrush will obtain TriSoft Media’s proprietary software, custom web design, software development, marketing and shared, dedicated and ecommerce web hosting solutions as part of the deal.
“By acquiring the businesses and assets of TriSoft Media and AudioStreet, Ckrush will continue to grow as a leader in the emerging area of online social content and social networking,” explained Jeremy Dallow, President of Ckrush, Inc. “This acquisition will also allow Ckrush to develop and manage its Internet businesses in house. Moreover, the addition of an existing large and passionate membership base will help fuel the growth of LiveMansion.com and provide for a more robust advertising platform for perspective advertisers interested in reaching a targeted demographic.” |
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