alan meckler

WebMediaBrands announced today that it has acquired Inside Network, the publishing company that publishes Inside Facebook, as well as Inside Social Games and Inside Mobile Apps.

The price: $7.5 million in cash and 4,183,130 shares of the common stock ($6.5 million worth) of WebMediaBrands.

WebMediaBrands (formerly JupiterMedia) has just announced that it is selling Internet.com for $18 million to QuinStreet Inc.

QuinStreet calls itself the leader in online performance-based vertical marketing.

Jupitermedia has great assets, a long history and is still run by the founder, Alan Meckler, who built the company from the ground up.

As of this writing JUPM is at 45 cents a share, which values the company at only $16.25 million.

It appears that there is no rational reason to explain this low valuation except that there are apparently very few investors interested in the stock.

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