United Business Media Limited has acquired SharedVue, a web-based marketing business, from its private shareholders on behalf of UBM’s Everything Channel division.
SharedVue has gained significant traction since its launch in 2007, generating revenue of $1.1 million in 2009. Everything Channel will leverage its strong client relationships to support SharedVue’s sales and marketing efforts, while investing in technical and operational infrastructure to drive future expansion.
Robert Faletra, CEO of Everything Channel, said, “The acquisition of SharedVue is in line with our strategy to enhance and expand our presence in the fast-growing web-based marketing space. SharedVue’s products are highly synergistic with our own and will help to meet growing customer demand in this area. SharedVue’s founding management team have built a robust, profitable and fast-growing platform in a short period of time, and we look forward to helping them grow the business through the next stage of its development.”
Aprox. Value: Undisclosed
Acquirer: United Business Media Limited
ACQ Web: http://www.ubm.com
Other Web Links: http://www.everythingchannel.com
Location: USA, New York, NY
Region: North America
Descriptions:
- UBM is a leading global provider of events; data, marketing and information products; print products; and targeting, distribution and monitoring services to specialist business communities. They have 5,800 staff in more than 30 countries, organised into specialist teams.
- Everything Channel describes itself as “a one-stop shop for accessing, enabling, managing and accelerating technology sales channels”. The business provides sales and marketing solutions to sellers of technology.
Category: Media Group
Contact 1: Robert Faletra, CEO, Everything Channel view bio
Contact: Rob Wiseltier, Chief Financial Officer, Everything Channel view bio
Vendor: SharedVue
Vendor Web: http://sharedvue.com
Location: USA, Raleigh, CA
Region: North America
Description: SharedVue is a provider of highly scalable, subscription-based marketing automation software and consultancy services to blue-chip technology manufacturers. The company’s proprietary technology simplifies the process for updating product, pricing and promotional information within a channel marketing reseller’s network, as well as facilitating the management of direct sales relationships and internal communication with clients’ sales teams. The system also provides subscribers with detailed lead analysis at both the vendor and solution provider level.
Category: Marketing
Contact: M. Reid Overcash, Chief Executive Officer view bio
Recent UBM deals reported on Fusion DigiNet
- UBM TechWeb acquires Game Advertising Online for upto $8million Posted on February 26, 2010
- UBM acquires Virtual Press Office for $6.5m Posted on December 14, 2009
FDN Database Reference: F231109-391
Contact us at pkelly@fusioncorp.co.uk or visit the Fusion Corporate Partners website
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