Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Catalyst90 Acquires Social Media NZ

Catalyst90 Acquires Social Media NZ

Wednesday 23rd April 2014 – Catalyst90 today announced that after continued negotiations it has successfully entered into an agreement to acquire Social Media NZ (SMNZ), an online-based resource dedicated to providing insight and helping New Zealanders stay informed with regards to social media and related technologies.

Social Media NZ, which was founded in 2009 by John Lai, and headquartered in Auckland, has experienced strong growth in New Zealand, whilst also expanding its footprint in Asia. The SMNZ brand will continue as a hub of information on social media in New Zealand with John Lai continuing to contribute as an advisor and correspondent based in Asia. The next phase for SMNZ with the support of Catalyst90 is to further establish the reach of the brand and the education of the market on social media.

Citing strong market position across these regions, Catalyst90 see the addition as an exciting step for the company to extend their positioning moving forward. Commenting on the acquisition, Tom Reidy, CEO of Catalyst90 said, “We view the acquisition of SMNZ as an exciting move and welcome the brand to the Catalyst90 group. We see a close alignment of SMNZ and Social Media Club Wellington to provide a resource for the industry on social media as well as extending the ability and support for practitioners through networking and education. This is an exciting time for an ever growing and dynamic industry.”

The future focus of SMNZ under the management of Catalyst90 will be to further extend the excellent work that John Lai and his team have done in building the brand.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Budget Building Battle: Bill English Blames Council On Housing

The Nation: Finance Minister blames Auckland Council for housing shortage, saying it is responsible for land, housing and infrastructure supply in the city, while government provides rental subsidies... More>>

ALSO:

Megiaglommeration: NZME And Fairfax Apply For Authorisation To Merge

The Commerce Commission has received an application from Wilson and Horton Limited (trading as NZME) and Fairfax NZ Limited seeking authorisation to merge their media operations in New Zealand. More>>

ALSO:

Brewing: Lion To Buy Cult Upper Hutt Brewer Panhead

Lion - Beer, Spirits and Wine (NZ), New Zealand's biggest beer maker, has agreed to buy Panhead Custom Ales from the family of founder Mike Neilson, its second such purchase of a popular craft brewer after the acquisition of Dunedin-based Emerson's Brewing Co in 2012. More>>

ALSO:

Half Empty: Fonterra's 2017 Opening Forecast Below Expectations

Fonterra Cooperative Group raised its forecast farmgate milk payout for next season by less than expected as the world's largest dairy exporter predicts lower prices will crimp production and supply will pick up. The New Zealand dollar fell. More>>

ALSO:

Pest Control: Mouse Blitz Team Leaves For Antipodes

The Million Dollar Mouse project to rid Antipodes Island of mice is underway with the departure of a rodent eradication team to the remote nature reserve and World Heritage Area. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news