Mergers & Acquisitions Fuel Exploding Social Media Influencers & Branding Opportunities As Multi-Billion Dollar Industry Continues to Grow - Company to Acquire Strategic Instagram Partner
CORAL SPRINGS, Florida, February 11, 2016 /PRNewswire/ --
Social media experts forecast the social media industry to continue to expand at a rapid rate by leveraging influencer & branding platforms to engage and advance the social media experience. Advanced Web/Software Technology & Social Media companies making noise in the market to take note of are SharkReach, Inc. (OTC: SHRK), Twitter Inc. (NYSE: TWTR), Facebook, Inc. (NASDAQ: FB), LinkedIn Corporation (NYSE: LNKD) and Salesforce.com Inc. (NYSE: CRM)
SharkReach, Inc. (OTC: SHRK) reaches agreement to acquire key strategic Instagram Partner with presently projected 2016 Revenues of $1.5 Million. SharkReach, a millennial influence marketing company today announced that it has reached an agreement to acquire 100% of a key strategic partner in the millennial social media marketplace. Under the terms of the agreement, at Closing the Company will acquire 100% of The Mobile Media Lab, LLC for cash and stock in the Company. Closing is scheduled to take place on or before February 28, 2016 but can be extended thirty days by agreement of the parties. Details of the transaction will be released in an upcoming 8K filing.
Read the full SharkReach (SHRK) Press Release at http://www.financialnewsmedia.com/profiles/shrk.html
The Mobile Media Lab focuses on Instagram. In fact, its founders were some of Instagram's earliest adopters: they started the NYC Instagram Meetup Group in March 2011 and were placed on Instagram's Suggested User List shortly thereafter. They turned their passion into The Mobile Media Lab in March of 2012 in order to shape the way brands interact with influencers and their audiences on Instagram. By leveraging personal relationships with hundreds of Instagrammers around the world, their unique approach connects clients with the right Instagrammers for their campaigns. They are the first creative agency to focus on Instagram and have been shaping the way brands advertise with influencers and their audiences on Instagram for nearly 4 years. "Instagram is definitely the hottest influencer platform going today", said Jim Louderback, Managing Partner at The Louderback Group and a Member of the Company's Board of Advisors.
In other web application and social media developments and happenings: Twitter (NYSE: TWTR) is tweaking its timeline. The social media site will let people turn on a setting that lets popular tweets related to people you follow show up first in your timeline, followed by the real-time feed most people on Twitter are used to. The new option works similarly to Facebook's (NASDAQ: FB) News Feed in that it uses an algorithm to serve up posts likely to be of interest to you. Facebook has also been making changes to its algorithm recently to try to increase visibility for the posts users want to see most. The new Twitter timeline option is a significant change for the microblogging service, although its existing "while you were away" feature also highlights tweets from the recent past. Read the full article on CBSNews.com
LinkedIn Corporation (NYSE: LNKD), the world's largest professional network on the Internet, earlier this month reported results for the fourth quarter and full year 2015. The transcript with prepared remarks is contained within this press release. In addition, a supplemental presentation will be made available on the investor relations section of the LinkedIn website at investors.linkedin.com. "Q4 was a strong quarter for LinkedIn, bringing to a close a successful year of growth and innovation against our long-term roadmap," said Jeff Weiner, CEO of LinkedIn. "We enter 2016 with increased focus on core initiatives that will help drive growth and scale across our portfolio." LNKD closed up yesterday at $101.76 on higher than normal volume exceeding 9Mil shares by the market close.
Salesforce (NYSE: CRM), the Customer Success Platform and world's #1 CRM company, earlier this month introduced the next generation of its Customer Success Platform, Salesforce Lightning, and previewed its product strategy for the first half of its current fiscal year. For 17 years, Salesforce has been raising the bar for CRM. Powered by the latest cloud, social, mobile, data science and IoT technologies, Salesforce has set a rapid pace of innovation with three major releases every year-and this summer, the company will deliver its 50th release. New Salesforce Lightning advancements include Salesforce SteelBrick CPQ, SalesforceIQ Inbox and Field Service Lightning. In addition, Salesforce announced new packaging for Sales Cloud Lightning and Service Cloud Lightning.
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