Newscycle Solutions, a provider of software technologies for the media industry, this week announced the acquisition of Media Services Group, a supplier of integrated digital publishing, magazine advertising, and event management software for the global magazine and book publishing industries.
Posted on: 07 February 2018 08:21
Scott Roessler: "We are very excited about the opportunities that Media Services Group provides."
Based in Scottsdale, Arizona with offices in California, Connecticut, Texas and London, Media Services Group further extends Newscycle’s worldwide footprint of enterprise software solutions for publishers.
The Media Service Group teams will work collaboratively with the Newscycle teams in Bloomington and its regional offices to offer a full suite of digital advertising management and publishing software products to support customers across multiple media verticals.
“Media Services Group and Newscycle share a vision for the digital future of the publishing industry,” said Jeff Shine, Media Services Group CEO. “This acquisition allows the combined company to accelerate its focus on a transformational digital strategy that meets the revenue, technology and operational objectives of publishers and advertisers alike.”
The Media Services Group’s customers will continue to receive the same levels of support and services while also gaining the benefits of Newscycle’s global resources, experience and software products for content management, digital subscriptions advertising and mobile applications, say the companies.
“Like Newscycle, Media Services Group provides mission-critical enterprise software platforms for media companies,” said Scott Roessler, Newscycle CEO. “We are very excited about the opportunities that Media Services Group provides to accelerate our product roadmap, further enhance our product and service offering and create new functionality for all customers of the combined company.”
The transaction closed on February 1, 2018. Financial terms have not been disclosed.
Media Services Group represents Newscycle’s continued commitment to growth through acquisition. In December 2017, the company acquired Acquire Media, a provider of content services to the news media, digital publishing, Fortune 500 and financial services industries. These acquisitions further strengthen Newscycle’s ability to provide transformative digital solutions and mission critical software to its global customer base, says the company.
Links / further reading: Newscycle Solutions, Media Services Group
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