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Cision Acquires Brandwatch
O'Dwyer's Public Relations News O'Dwyer's Public Relations News
For Immediate Release:
Dateline: New York, NY
Friday, February 26, 2021


Marketing software giant Cision announced today that it has entered into an agreement to acquire Brighton, UK-based digital consumer intelligence company Brandwatch.


The deal, which was pegged at $450 million, is expected to close sometime in 2021’s second quarter.

Founded in 2007 by CEO Giles Palmer, Brandwatch is a subscription-based service that applies AI and machine learning to social media monitoring for a customer base of more than 2,200 brand and agency clients. The software company maintains 10 offices globally.

Cision in a statement said the acquisition would provide its customers with a broader range of consumer and media intelligence services, allowing them to devise more effective customer engagement strategies from PR to marketing and online customer engagement.

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