Thomson Reuters, a global content and technology company, announced today that it has signed a definitive agreement to acquire Imagen Ltd., a London, UK-based cloud-native media asset management company.
The amount of the deal was not disclosed.
The acquisition of Imagen will continue Thomson Reuters’ plans to build a world-class experience for Reuters News Agency customers, making it easier for them to discover, access and manage the content they need to deliver the product to their audiences. With the addition of Imagen, clients will have the ability to add media asset management services to store, manipulate, permission, distribute and monetize all their visual content.
Led by CEO Charlie Horrell, Imagen helps sports organizations, businesses and media companies manage their digital content libraries with fast, secure and controlled access through a customizable media management and distribution platform. Imagen also owns Screenocean, a platform that provides production companies and others the ability to license video and photo content from around the world.
The business will be operated as part of the Reuters News division of Thomson Reuters.