Today News Journal
    What's Hot

    Belvidere Jeep factory shuts down in one casualty of EV transition

    March 23, 2023

    When a client is a little too curious about the work you do

    March 23, 2023

    Filed an amended tax return with the IRS? You have a 20-week wait.

    March 23, 2023
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    Today News Journal
    Contact Us
    • Home
    • Trending
    • Business
    • Health
    • Technology
      • Automobile
      • Gadgets
      • Mobiles
      • Robotics
    • Lifestyle
      • Culture
    • Sports
    • Travel
    • Editorials
    • News
      • Politics
    Today News Journal
    Home » Business » Streem to be acquired by leading global communications firm Cision
    Business

    Streem to be acquired by leading global communications firm Cision

    John SmithBy John SmithDecember 20, 2021Updated:December 21, 2021No Comments5 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Streem brand and platform to continue in Australia and New Zealand
    – Current leadership team retained with a long-term growth mandate
    – Deal enables Streem to leverage the global capability of Cision across social, data and distribution.
    – Cision to have full-service entry into the valuable ANZ market with its local and global customers benefiting from access to Streem’s unique content and capabilities.

    Realtime media monitoring company Streem today announced it has accepted an offer to be acquired by global communications intelligence company Cision.

    The terms of the deal were not disclosed, however the transaction results in a sale of 100% of Streem shares to Cision and will see the Streem brand and platform continue in Australia and New Zealand under its current leadership team and local staff.

    Significant benefits will flow to Streem customers from the global reach of Cision, and clients will continue to receive the same local support, expertise and Streem platform they have experienced since the company’s launch.

    Streem came to market in 2017, led by CEO Elgar Welch, a former staffer in the prime minister’s office, and CTO Antoine Sabourin with a mission to provide the market’s first realtime media monitoring platform. Today, Streem is one of the fastest growing media intelligence companies in ANZ and services the majority of the market’s major government departments, banks, airlines, telecommunications and energy companies.
    Early financial backers included Quantium founding director Tony Davis, former ACCC chief Graeme Samuel and ex-Wallabies captain John Eales. The company’s local Board of Directors are Samuel Marks, Karyn Munsie and David Wakeley.

    The company’s innovative technology and platform offering resulted in a major recasting of the ANZ media intelligence industry, with hundreds of major brands including Telstra, Qantas, the Commonwealth Bank and the Department of Prime Minister & Cabinet moving to Streem in the last four years.

    With more than 100 local staff servicing over 400 leading clients, Streem has grown faster than we ever could have imagined thanks to great tech, strong support from customers and an incredible local team,” Streem CEO Elgar Welch said. “Backed by Cision, we’ll continue to build upon that growth, delivering new tools and products to help communications teams work smarter.

    Cision is the world’s largest provider of communications intelligence, with nearly 5,000 staff across 24 countries. Already active in Australia and New Zealand with its PR Newswire, Brandwatch and Falcon.io brands, the acquisition of Streem adds a full-suite of media monitoring and analysis capabilities that gives both local and global customers interested in ANZ coverage access to a significantly enhanced service.

    Streem has quickly established itself as the customer preferred media intelligence platform in the ANZ market,” Cision CEO Abel Clark said. “Streem’s customers will benefit enormously from Cision’s global reach and we’re excited to be able to offer a full-suite of monitoring, distribution, insights and social media solutions in ANZ that both our local and global customers can benefit from.

    Streem will continue to operate as an independent brand with its full-service media monitoring and insights services, and customers will quickly see the benefits of Cision’s global footprint including integrations of Brandwatch’s social data, PR Newswire’s media database and global media content and analytics spanning millions of sources.

    Streem CTO and co-founder Antoine Sabourin said the company’s success was driven by a strong focus on solving real world problems for communications teams.

    Cision’s investment means Streem can keep investing in great people, tech and innovation, resulting in major benefits for customers in the coming weeks and months,” Sabourin said.

    Streem’s Management team will continue with the business, and original co-founders Elgar Welch (CEO) and Antoine Sabourin (CTO) will remain in their respective roles.

    The deal is expected to close in the first quarter of calendar 2022 and is subject to clearance by Australia’s Foreign Investment Review Board (FIRB) and the Department of Justice (DoJ) in the United States.

    About Streem

    Streem[http://www.streem.com.au/] is the ANZ market’s fastest growing media intelligence company, delivering comprehensive and realtime Print, Online, TV, Radio & Social media monitoring, insights and reporting to leading corporate and government organisations including Telstra, Qantas, Commonwealth Bank and the Department of Prime Minister & Cabinet. Through Desktop, Tablet and Mobile, Streem’s customers can see, stream and analyse millions of news items in realtime, helping PR and Corporate Affairs teams to do their jobs.

    About Cision

    As a global leader in PR, marketing and social media management technology and intelligence, Cision helps brands and organizations to identify, connect and engage with customers and stakeholders to drive business results. PR Newswire[https://www.prnewswire.com], a network of over 1.1 billion influencers, in-depth monitoring, analytics and its Brandwatch[https://www.brandwatch.com] and Falcon.io[https://www.falcon.io] social media platforms headline a premier suite of solutions. Cision has offices in 24 countries throughout the Americas, EMEA and APAC. For more information about Cision’s award-winning solutions, including its next-gen Cision Communications Cloud(R), visit www.cision.com and follow @Cision on Twitter.

    SOURCE: Cision Ltd

    Related posts:

    1. Tricor Group Signs A Sale And Purchase Agreement To Acquire Pt Asa Indonesia Expanding Its Portfolio In Payroll, Accounting And Tax With A Stronger Indonesia Presence
    2. GD1’s Fund 3 First Close Raises $130m For Nz’s Most Abitious And Globally Minded Startups More Than Double Its Original First Close Target
    3. Shutterstock Launches Flex Premium, Offering Greater Creative Flexibility To Small- And Medium-Sized Businesses
    4. All Bay Builders Mentions Top Services They Offer
    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleMoomoo to Launch in Australia: Will Offer Australian Investors One-Stop Online Investment Services
    Next Article Landis+Gyr Divests Stake in Intellihub Joint Venture
    John Smith
    • Website

    Related Posts

    The Future Of Paper Bags: Trends And Innovations

    February 20, 2023

    The Social Benefits of Cycle Stands

    February 18, 2023

    Is Loughton A Good Choice For Raising A Family?

    January 31, 2023

    A Brief Introduction To Local SEO Citation

    April 28, 2022

    Leave A Reply Cancel Reply

    Search
    Categories
    • Automobile
    • Business
    • Coronavirus
    • Culture
    • Editorials
    • Finance
    • Gadgets
    • Health
    • Lifestyle
    • Mobiles
    • Money
    • News
    • Politics
    • Sports
    • Technology
    • Travel
    • Trending
    • World
    Latest Posts

    Belvidere Jeep factory shuts down in one casualty of EV transition

    March 23, 2023

    When a client is a little too curious about the work you do

    March 23, 2023

    Filed an amended tax return with the IRS? You have a 20-week wait.

    March 23, 2023

    Lindsay Lohan, Jake Paul face SEC charges over crypto ads

    March 23, 2023
    • Facebook
    • Twitter
    Don't Miss
    News

    Belvidere Jeep factory shuts down in one casualty of EV transition

    By James MartinMarch 23, 20230

    Workers and small businesses in Belvidere, Ill., are dealing with the aftermath of mass layoffs,…

    When a client is a little too curious about the work you do

    March 23, 2023

    Filed an amended tax return with the IRS? You have a 20-week wait.

    March 23, 2023

    Lindsay Lohan, Jake Paul face SEC charges over crypto ads

    March 23, 2023
    • Facebook
    • Twitter
    About Us

    Hello friends, I am James Martin. Welcome to my blog todaynewsjournal.com. We are a team of experienced journalists who are passionate about delivering the latest news and current events to our readers. Our editorial team is dedicated to providing the most accurate and up-to-date information possible. We aim to be your go-to source for news and current events. Here on this site, You will get up to date information regarding all important categories like business ideas, health tips,... (Read More)

    Latest News

    Belvidere Jeep factory shuts down in one casualty of EV transition

    March 23, 2023

    When a client is a little too curious about the work you do

    March 23, 2023

    Filed an amended tax return with the IRS? You have a 20-week wait.

    March 23, 2023
    SIGN UP NEWSLETTER

    Join The Conversation sign up to receive emails for The Daily special tips general info.

      Facebook Twitter Instagram Pinterest
      • Home
      • Editorials
      • Get In Touch

      Copyright © 2021-2023 · Today News Journal Privacy Policy

      Type above and press Enter to search. Press Esc to cancel.

      We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
      Cookie SettingsAccept All
      Manage consent

      Privacy Overview

      This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
      Necessary
      Always Enabled
      Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
      CookieDurationDescription
      cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
      cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
      cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
      cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
      cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
      viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
      Functional
      Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
      Performance
      Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
      Analytics
      Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
      Advertisement
      Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
      Others
      Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
      SAVE & ACCEPT

      Sign In or Register

      Welcome Back!

      Login to your account below.

      Lost password?