Chicago-based marketing software giant Cision today announced that it has acquired open-source business intelligence provider Bulletin Intelligence. Terms of the transaction were not disclosed.
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Bulletin Intelligence provides customizable daily news briefings and analysis for business executives, which includes predictive media analytics, stock and commodity prices, investment bank research reports, competitor disclosures, curated tweets from industry influencers, archives and events calendars, among other services. The company since 2001 has written the daily White House News Summary for the President’s Executive Office.
The Reston, VA-based company, which maintains additional offices in New York and Honolulu and also owns subsidiaries BulletinHealthcare and Bulletin Media, was founded in 1990.
Cision in a statement said the acquisition brings new analysis capabilities and talent to the software provider’s global team. Bulletin Intelligence’s platform, analysts, customer service and day-to-day operations will not be affected by the deal.
The news comes on the heels of Cision’s recent merger with blank check company Capitol Acquisition Corp III, thereby making Cision a publicly listed company with an anticipated initial enterprise value of about $2.4 billion.
Portico Capital Securities LLC served as financial advisor to Bulletin Intelligence in the transaction.
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