San Francisco, April 16, 2014 – On April 3, 2014, Meltwater, the leading Software as a Service (SaaS) provider of online intelligence solutions delivering big data insights to the Public Relations and Social Media industry, headquartered in San Francisco, announced an offer to the shareholders of Cision, a leading provider of cloud-based PR software, services and tools for the marketing and public relations industry.
Meltwater has today decided to increase its offer to the shareholders of Cision to SEK 63 per share.
A combination of Meltwater and Cision would create a global leader in the PR services and media monitoring industry. The combination, and the synergies it creates, will enable significant investments in product development and sales organization, thereby strengthening the operation of the two companies, for the benefit of both their respective staff and customers.
Meltwater, a global company founded in Norway and headquartered in San Francisco, helps businesses drive growth and build brands. Meltwater’s online intelligence platform analyzes billions of digital documents daily to extract precise, timely business insights that help more than 20,000 companies understand their markets, engage their customers, and master the new social business environment. With offices in 27 countries, Meltwater is dedicated to personal, global service built on local expertise. Meltwater also operates the Meltwater Entrepreneurial School of Technology (MEST), a nonprofit organization dedicated to nurturing future generations of entrepreneurs. Employees and founders hold majority ownership of Meltwater. In October 2012, Altor Fund III became a minority investor in Meltwater.
Jorn Lyseggen, CEO and founder
email@example.com (Executive Assistant)
US Media Contact
Marc Cowlin, Director, PR and Content Marketing