• Marketwire Acquires Social Media Monitoring And Analytics Startup Sysomos

    Leena Rao

    Leena Rao is currently a Senior Editor for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

    Tuesday, July 6th, 2010

    Rumors of social media monitoring and analytics startup Sysomos’ acquisition by Marketwire swirled in the blogosphere yesterday, but today it’s been made official. In a blog post on Sysomos’ site today, the company announced that has been bought by the press release wire service. Financial terms of the deal were not disclosed.

    Sysomos, which is profitable, offers a data anlaytics produtcs, including MAP and Heartbeat, that ollects and analyzes more than a billion new online conversations a month. Brands such as Microsoft, Proctor & Gamble, Coca-Cola, Disney and Shell use Sysomos’ platform to tap into the conversations taking place on the social web. You can read our posts that report on Sysomos’ data here.

    According to the blog post, Marketwire’s services will integrate social intelligence from the Sysomos platform. It seems smart that a service-oriented company like Marketwire would also get into the social media analytics game, as this is data that many of its clients will use to track news and conversation about their companies and brands.

    Company: Sysomos
    Website: sysomos.com
    Launch Date: September 12, 2007

    Sysomos offers social media monitoring and analytics products that give corporations, marketers, public relations agencies and advertisers the intelligence and insight needed to make smarter business and strategic decisions. The Sysomos platform brings business intelligence to social media, giving you instant and unlimited access to all social media conversations so you can quickly see what’s happening, why it’s happening, and who’s driving the conversations. Through the use of contextual text analytics and data mining technology Sysomos collects billions of social...

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