Comtex News Network Gains Stake in gdgt

Jul 10, 2009


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Comtex News Network, Inc., a provider of electronic real-time news, content, and proprietary SmarTrend market products, invested in privately held social technology Web site www.gdgt.com. Prior to the site's launch on July 1, 2009, gdgt raised a round of seed capital from seven investors, including Comtex. The site is a social gadget platform that helps users get the most out of their various devices and find new ones to purchase. Chip Brian, Comtex's president and CEO, will become a member of the gdgt board of directors.

(www.comtex.com)