Global communications intelligence company Cision announced today that it has completed the acquisition of realtime media monitoring company Streem.
Since announcing the deal in December 2021, Streem has continued its high-growth trajectory, winning major new customers, including Amazon, HSBC, Crown Resorts, and several government departments.
Cision’s Chief Revenue Officer Stephen Boyes noted, “Streem has established itself as the customer-preferred media intelligence platform in the ANZ market. We are excited that they are now part of the Cision family and that our ANZ customers can benefit from a full suite of monitoring, distribution, insights, and social media solutions.”
Streem customers will benefit from the global reach of Cision, while continuing to receive the same local support and expertise they have relied on since the company’s launch in 2017. Streem’s customers will also continue to access the company’s existing media monitoring and insights platform, supported by its local product and engineering team.
“The closing of this deal gives us the opportunity to create the ANZ region’s leading media intelligence offering and Streem is now best positioned to deliver on every customer’s need through a single platform and local team,” Elgar Welch, CEO of Streem said.