Dubai, UAE – 3 March, 2016 – Narratiive is pleased to announce that it was recently acquired by Insiight Pty Ltd (Insiight). Following a detailed review that involved assessments of a number of prospective investors, partners or acquirers, Insiight were successful with their offer.
Insiight is a newly formed company led by Scott Julian, original founder and existing board member of Narratiive International, and is supported by other founders of Narratiive with strong financial backing from a number of investors. With a change in ownership, clear direction and financial backing, Narratiive will increase its focus on bringing deeper data and insights to audience measurement and profiling, allowing more insightful audience understanding for advertising.
Narratiive sees enormous potential in the Middle East and African markets where it already has a strong presence. This base will support the growth of the business whilst supporting the growth potential in other markets in those regional areas. There will be a renewed focus on product development to take audience measurement and turn it into audience insights, a clearly defined requirement of our clients.
“When Narratiive was started in 2008, we saw an opportunity for audience measurement in emerging markets and built a successful business upon it,” said Scott Julian, Founder, Narratiive. “With this investment we will focus on bringing data and insights to these core emerging markets in audience measurement and bring world-class advertising and audience insights to the region,” Julian added.
With the future focus on the Middle East and African markets, Narratiive has reduced its focus on the Asia Pacific market, selling Narratiive Oceania assets to Pureprofile Limited (ASX: PPL), an Australian based big data technology and programmatic media company.
“The acquisition of the EM business and the investment from Insiight now sets a clear direction for Narratiive and will enable the consolidation of Narratiive as a key leader in audience profiles and insights for emerging markets”, said Graham Plant, CEO, Narratiive.
Plant will remain in the business to support Julian’s transition into the CEO role over the coming months. Existing senior management involved in supporting those regions will continue to drive the business forward.
Narratiive is a leading provider of digital audience measurement, campaign effectiveness and targeting solutions, bringing high quality audience data to publishers, agencies, networks, advertisers and researchers. The EM solutions offer clients in Oceania, Europe, Southeast Asia, Middle East North Africa and South Africa, a clear insight into their online audience and the ever-growing Internet population. www.narratiive.com
Insiight helps leading companies understand emerging markets. Providing market leading solutions across a range of channels including internet traffic, video on demand and emergent digital platforms, Insiight helps companies understand the business impact of new technologies, new geographic markets and new ways of interacting with consumers.