Toronto's Bee Media Acquires Adcentricity

Posted by Techvibes NewsDesk

Toronto-based Bee Media has acquired Adcentrcity for an undisclosed sum. Bee Media, previously a personal shopper and location-based deals companny, will leverage its acquistion of Adcentricity, a location-based digital media firm, to complete somewhat of a pivot: the company is "in the process of expanding into an exciting, leading-edge, location-based digital media company that delivers targeted advertising and offers a fully integrated platform and ad network."

Bee plans to "change the way you to plan, buy, sell, and measure location-based digital media to drive brand impressions and conversions," according to their website.

Adcentricity was a natural purchase target because the firms had already been working together for six months and their goals aligned, Bee said.

Adcentricity will retain its name and branding, with Bee noting that the firm has established a solid reputation in the business of online advertising that shouldn't be stripped.

Company:
Bee Media Inc.
Website:
http://www.beemedia.com
Location:
Toronto, Ontario, Canada

Bee Media is a hyper-local marketing platform installed in leading retailers and shopping malls which provides free Wi-Fi to consumers while they shop, while delivering highly personalized and targeted advertising and offers to consumers on their mobile devices, tailored to match a 5 metre radius of where the person is standing. For example, we can deliver shampoo ads in the health & beauty care aisle, soft drink... more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more




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