Mr. Paul Bascobert reports
THOMSON REUTERS SIGNS DEFINITIVE AGREEMENT TO ACQUIRE IMAGEN LTD.
Thomson Reuters Corp. has signed a definitive agreement to acquire Imagen Ltd., a cloud-native media asset management company.
Imagen helps sports organizations, businesses and media companies manage their digital content libraries with fast, secure and controlled access through a highly customizable media management and distribution platform. Imagen also owns Screenocean, a platform that provides production companies and others the ability to license video and photo content from around the world.
The business will be operated as part of the Reuters news division of Thomson Reuters.
"The acquisition of Imagen will continue our plans to build a world-class experience for Reuters news agency customers, making it easier for them to discover, access and manage the content they need to deliver a best-in-class product to their audiences, while ensuring Imagen's customers continue to get the outstanding service they are used to," said Reuters president Paul Bascobert. "With the addition of Imagen, clients will have the ability to seamlessly add media asset management services to store, manipulate, permission, distribute and monetize all their visual content."
"We're delighted to become part of the Reuters family and are excited for the potential this gives us," said Imagen chief executive officer Charlie Horrell. "The combination of Reuters and Imagen brings significant opportunities to reach new customers and better serve existing ones. We look forward to a bright future together."
About Thomson Reuters
Corp.
Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compliance, government and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth and transparency. Reuters, part of Thomson Reuters, is the world's leading provider of trusted journalism and news. Additionally, the company's philanthropic arm, The Thomson Reuters Foundation, advances media freedom, fosters inclusive economies and promotes human rights.
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