Quebecor Nurun Buys Msm
Posted on 19 May 2000
by Javier Velasco (mantruc)
Rated 3.89 (Ratings: 0)
- More articles in News
The official press release:
NURUN AND ANTARTICA GROUP ACQUIRE MSM INTERACTIVEFirst step in Latin American development strategy
SANTIAGO, CHILE, May 19, 2000
In the presence of the Prime Minister of Quebec. Mr. Lucien Bouchard, in Santiago as part of Quebec Mission, nurun Inc., a subsidiary of the Quebecor Inc. group and formerly known as Informission Group Inc., and the Antartica Group announced the first acquisition resulting from their recent strategic partnership. nurun has entered into an agreement together with Antartica Group to acquire a controlling interest in MSM Interactive S.A., an e-commerce and Web integration company based in Santiago, Chile.
MSM Interactive (www.msm.cl) comprises a team of 40 designers, programmers and marketingexperts specializing in Web-related solutions. The company's services span Web site design and development, e-commerce, including Market Place solutions, Web-based training and wireless Internet. Current clients include BellSouth Chile, Concha Y Toro, Ericsson, Sheraton San Cristobal, Citibank and Banco Sud Americano. MSM Interactive is known as one of the largest independent new media agencies in Chile.
"We are very excited about having a leader like MSM Interactive to spearhead our LatinAmerican expansion," said Jacques Malo, President and CEO of nurun Inc. "They are a dynamic organization that is on top of the latest Web trends and solutions. They have the elements of a winning Web integrator and are a perfect fit with nurun's focus on the seamless convergence of strategy, marketing, design and technology."
"Having access to nurun's expertise and international network as well as Antartica's network ofclients and management resources will put some real air under our wings," said Gonzalo Alonso, Co-founder and General Manager of MSM Interactive. "We'll now be part of a team that stretches across the Americas and Europe. "
"E-Commerce and multimedia products are growing at a dramatic pace, offering to Quebecbased companies business opportunities in their home market as well as in the global market place, " declared the Prime Minister of Quebec.
The transaction is subject to completing legal purchase documents including obtaining requiredapproval from regulatory authorities.
nurun Inc. (Formerly Informission Group Inc. ; TSE: IFN), a subsidiary of the Quebecor Inc.group, is an information technology company providing e-commerce, Web integration and automated publishing solutions for corporate and public sector clients in North America, Europe and select locations around the world. nurun employs more than 1000 professionals in its various offices in Montreal, Quebec, Toronto, Ottawa, Seattle, New York, Boston, Chicago and Paris.
Founded in Santiago in 1998, MSM Interactive (www.msm.cl) is a 2nd generation WebIntegrator that services its clients with horizontal and vertical solutions for those enterprises that are participating in the new digital economy of e-business, field in which has received national and foreign recognition, establishing important joint ventures.v