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

 

Gordon Campbell: On Tiwai Point (And Saying “No” In Greece)

Its hard to see how Rio Tinto’s one month delay in announcing its intentions about the Tiwai Point aluminium smelter is a good sign for (a) the jobs of the workers affected or (b) for the New Zealand taxpayer. More>>

ALSO:

Half Empty: Dairy Product Prices Extend Slide To Six-Year Low

Dairy product prices continued their slide, paced by whole milk power, in the latest GlobalDairyTrade auction, weakening to the lowest level in six years. More>>

ALSO:

Copper Broadband: Regulator Set To Keep Chorus Pricing Largely Unchanged

The Commerce Commission looks likely to settle on a price close to its original decision on what telecommunications network operator Chorus can charge its customers, though it probably won’t backdate any update. More>>

ALSO:

Lower Levy For Safer Cars: ACC Backtracks On Safety Assessments

Dog and Lemon: “The ACC has based the entire levy system on a set of badly flawed data from Monash University. This Monash data is riddled with errors and false assumptions; that’s the real reason for the multiple mistakes in setting ACC levies.” More>>

ALSO:

Fast Track: TPP Negotiations Set To Accelerate, Groser Says

Negotiations for the Trans-Pacific Partnership will accelerate in July, with New Zealand officials working to stitch up a deal by the month's end, according to Trade Minister Tim Groser. More>>

ALSO:

Floods: Initial Assessment Of Economic Impact

Authorities around the region have compiled an initial impact assessment for the Ministry of Civil Defence, putting the estimated cost of flood recovery at around $120 million... this early estimate includes social, built, and economic costs to business, but doesn’t include costs to the rural sector. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news