M&A Deal Summary

PressReader Acquires News360

On August 20, 2019, PressReader acquired digital media company News360

Acquisition Highlights
  • This is PressReader’s 1st transaction in the Digital Media sector.
  • This is PressReader’s 1st transaction in the United States.
  • This is PressReader’s 1st transaction in California.

M&A Deal Summary

Date 2019-08-20
Target News360
Sector Digital Media
Buyer(s) PressReader
Deal Type Add-on Acquisition

Target

News360

San Mateo, California, United States
News360 is a provider in content personalization and publisher analytics. News360's technology analyzes and attributes content from any given news story to more than a million distinct audience interests, and reaches more than 100M unique readers every month through its News360 app. News360 was founded in 2010 and is based in San Mateo, California.

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Buyer(S) 1

Buyer

PressReader

Richmond, British Columbia, Canada

Category Company
Founded 1999
Sector Digital Media
DESCRIPTION

PressReader, Inc. is a newspaper and magazine platform. They can subscribe for unlimited access, or get the full experience sponsored by one of its brand partners - businesses that leverage the premium content platform to enhance their customers' experience - household names like British Airways, Turkish Airlines, Cathay Pacific, Air Canada, Marriott, Fairmont Hotels, Seabourn Cruise Lines, Princeton University, and the New York Public Library. PressReader, Inc. was founded in 1999 and is based in Richmond, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1