19/06/2017 20:22:04

Meltwater Acquires Hong Kong-Based Data Analytics Startup Klarity to Expand Its Asia Coverage

Klarity and Meltwater's innovative technology combines to help drive better business decisions through the most robust social listening and media intelligence platform in Asia

HONG KONG, June 19, 2017 (GLOBE NEWSWIRE) -- Meltwater, a global leader in media intelligence, today announces the acquisition of Klarity, a social media analytics platform that delivers highly-localized content for the Asian market. Meltwater’s proprietary software allows businesses to harness data from online and social media, including WeChat and Weibo, helping them to better understand their brands and competitive landscape and providing them with reliable and actionable insights. By joining forces with Klarity, Meltwater will enhance its social media intelligence capabilities in Asia and deepen the services that have fueled the company’s growth in the region.

The acquisition will provide customers on both sides with a competitive edge, boosting Meltwater's growing "Outside Insight" platform through access to highly localized social intelligence and data sources in the Asian market. Klarity's customers will gain access to the wealth of additional data offered by Meltwater's core platform, together with the localized service from Meltwater’s professional team.

Meltwater was founded in 2001 by CEO Jorn Lyseggen who bootstrapped the company with $15,000. Today it counts more than 50 percent of Fortune 500 companies as clients. Meltwater has more than 1,500 employees worldwide with over 60 offices across six continents, including offices in Hong Kong, Beijing, Shanghai and Singapore.  

"Meltwater has been in the Hong Kong market for over 11 years, and we have been looking for opportunities to enhance our offering in Asia over the last 24 months. We believe Klarity is the strongest social media analytics company in Asia. We are impressed with their technical sophistication, localized content, and the entrepreneurial team that has proven they can build state of the art products," says Jorn Lyseggen, Meltwater’s Founder & CEO. "We are excited to welcome the Klarity team to Meltwater and continue to deepen our offering in the Asian market."

“Greater China has constantly been a region where we have seen rapid growth and massive potential. We are dedicated to providing our customers with a best-in-class service globally while meeting the needs of our customer's locally. Our partnership with Klarity allows Meltwater to take another step forward with access to key platforms such as WeChat and Weibo,” says John Box, Meltwater’s Executive Director in APAC.

Launched in 2013, Klarity enables marketers, researchers and analysts to access social monitoring and listening analytics to benchmark performance, identify market trends and gain in-depth insights into social behavior. The company's technologies provide data discovery from multiple social and online sources, particularly Chinese-specific platforms, transforming granular data into reliable social intelligence.  

"We see social intelligence redefining business strategies and success, which is completely in line with Meltwater's 'Outside Insight' philosophy," explains Christopher Wong, CEO and co-Founder of Klarity. "Our two companies have already been working together for a while, and it has been a great experience for us and value-added for customers. Joining the Meltwater family simply cements our ability to offer customers the most reliable and actionable insights through localized content and innovative media intelligence technology."

Klarity’s acquisition follows Meltwater’s purchase of Oxford University’s artificial intelligence spinout, Wrapidity, earlier this year. Meltwater is actively seeking investment opportunities and partnerships to continue expanding its media intelligence services globally.

About Meltwater

Meltwater helps companies make better, more informed decisions based on insights from the outside. More than 25,000 companies use the Meltwater media intelligence platform to stay on top of billions of online conversations, extract relevant insights, and use them to strategically manage their brand and stay ahead of their competition. With over 60 offices on six continents, Meltwater is dedicated to personal, global service built on local expertise. Meltwater also operates the Meltwater Entrepreneurial School of Technology (MEST), a nonprofit organization devoted to nurturing future generations of entrepreneurs. For more information, follow Meltwater on Twitter, Facebook, LinkedIn, YouTube, or visit www.meltwater.com.

About Klarity

Klarity is a data analytics solution providing both Western and Asian social intelligence to help people make better business decisions.  Our proprietary technologies focus on social data collection, storage, management, analysis and visualization from multiple social networks ‐ Western, Asian and mobile.  Our solution is built to provide enterprises, advertising agencies and governments meaningful insights to help monitor performance, benchmark results, identify trends and understand behavior.

For Media Inquiries:

Janniefer Chan

Meltwater, Hong Kong

janniefer.chan@meltwater.com

+852 5808 8815

Primary Logo

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
14 Oct
PNDORA
Har efterhånden læst mange indlæg om Pandora her på Euroinvestor. De fleste indlæg er enten beregne..
21
11 Oct
MATAS
  Jeg har længe fulgt med i Matas’ forretningsmæssige udvikling, fordi selskabet er udsat for mange ..
20
13 Oct
PNDORA
Det ligger klart for enhver at med vaekst rater over 10 procent om aaret, som vedholdende vil blive ..
16
16 Oct
VWS
Kommentarer, hvorfor anvender du nu en periode på 13 måneder, når du ser tilbage for at sammenligne ..
11
10:25
I:DAX
Suspenderer sikkert al sikkert al handel i Frankfurt  hvis den falder -0,3% Hvad hedder det så hvis..
10
14 Oct
VWS
Earlier this year, China's National Energy Administration announced it would spend $363 billion by 2..
10
13 Oct
VWS
Kommentarer, du svarede ikke på mit indlæg til dig sidst. Måske du ikke så det? Jeg stillede spørgsm..
10
16 Oct
VWS
Hej Kommentarer. Dejligt du lige kan påminde os om, hvordan kursudviklingen har været, det har været..
9
15 Oct
VWS
Skotland's nationalist party har i denne uge annonceret at de arbejder frem imod at lave et nyt stat..
9
14 Oct
PNDORA
Til de få personer og kroniske teoretikere på EI, der påstår, at Pandora ikke er et BRAND, må jeg ry..
8

Admiral Group PLC : Director/PDMR Shareholding

29/09/2017 14:53:59
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM 1 Details of the person discharging managerial responsibilities (PDMR)/person closely associated with them (PCA) a) Name Annette Court 2 ..

Man Group PLC : Form 8.3 - [Clinigen Group plc]

29/09/2017 12:19:01
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Man Group Plc (b) Owner or controller..

Invesco Ltd. : Form 8 (DD) - IP Group Plc

29/09/2017 10:46:56
                                                            FORM 8 (DD) PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY INVESTMENT CLIENTS) Rules 8.1, 8.2 and 8.4 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Alabama Graphite Provides Corporate Update
2
Brookfield Renewable Closes TerraForm Power Transaction
3
EQUITY ALERT: Goldberg Law PC Announces a Securities Class Action Lawsuit against Depomed, Inc. and Encourages Investors with Losses Exceeding $500,000 to Contact the Firm
4
EQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Depomed, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 17, 2017 – DEPO
5
Reminder Deadline Alert: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Depomed, Inc. (DEPO)

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2017   Disclaimer and Terms of Use
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
17 October 2017 19:54:20
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20171017.1 - EUROWEB6 - 2017-10-17 20:54:20 - 2017-10-17 19:54:20 - 1000 - Website: OKAY