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

 

Rocket Lab: Launch Expected

Rocket Lab has delayed the roll out of the launch vehicle called Electron by one day, due to weather conditions. The planned launch attempt will now take place on Tuesday, May 23, 2017. More>>

ALSO:

Budget: Irrigate (Good Times, Come On!)

Additional grant funding of $26.7 million over the next three years plus a capital boost of $63 million towards irrigation investments in Budget 2017 will deliver economic and environmental benefits through better use of water... More>>

ALSO:

Silver Fern Farms: Proposal To Close Fairton Sheepmeat Plant

Silver Fern Farms has advised its people of the proposal to permanently close the site, and has discussed potential transfer options to its other sites in the region as part of the consultation process...
More>>

ALSO:

MPI: Myrtle Rust Appears In Taranaki

The nursery in Waitara (just north of New Plymouth) reported suspected myrtle rust symptoms on young plants to the Ministry’s 0800 number yesterday (Tuesday). More>>

ALSO: