OMERS Private Equity sells Sysomos to Meltwater
Meltwater, a San Francisco-based media intelligence company, has acquired Sysomos, a Toronto-based provider of social media monitoring and analytics. No financial terms were released. The seller was OMERS Private Equity (OPE), which backed Sysomos' spin out from portfolio company Marketwired Inc in 2015. Marketwired was sold to Nasdaq the following year. Meltwater said the acquisition will expand its ability to incorporate online news and data with social media analytics in one platform. Peter Heffring, who recently replaced former Microsoft Corp executive Lindsay Sparks as CEO of Sysomos, will now oversee Meltwater’s social analytics division.
24 April 2018•3 mins read
