This content is only available within our institutional offering.
08 Sep 2015
Acquisition of AreaOne – expanding into Social
Sign in
This content is only available to commercial clients. Sign in if you have access or contact support@research-tree.com to set up a commercial account
This content is only available to commercial clients. Sign in if you have access or contact support@research-tree.com to set up a commercial account
Acquisition of AreaOne – expanding into Social
Nexxen International Ltd. (NEXN:NAS) | 0 0 0.0%
- Published:
08 Sep 2015 -
Author:
Singer CM Team -
Pages:
8 -
H1 results on Friday were comfortably ahead of our revised forecasts. This will improve the markets confidence in achieving underlying full year estimates. The Mobile business outperformed and looks to be growing very well supporting the strategic focus of the group. The Company has announced the acquisition of AreaOne today (an accredited Facebook marketing partner), expanding the group into Social Media and meaning that Marimedia will be positioned for the fastest growing segments of the online media market. This highly attractive media offering (video, mobile, social) coupled with strong data, data analytics and single technology platform is putting Marimedia at the front of the pack. The strategic value of the group continues to rise.