Public relations software and services provider Cision has purchased Reston, Virginia-based Bulletin Intelligence for an undisclosed sum as part of a strategy to provide custom industry briefings with cloud-based technology.
Bulletin Intelligence, an intelligence briefing company that competes with Executive Mosaic‘s ArchIntel product, produces daily news briefings targeted at government and corporate audiences, Cision said Tuesday.
Both companies aim to integrate the Cision Communications Cloud and a network of industry analysts to deliver data-based resources to public and private sector executives in real time.
The deal also adds the Bulletin Media and Bulletin Healthcare brands to Cision’s portfolio.
Portico Capital Securities acted as financial adviser to Bulletin Intelligence in the transaction.
The acquisition comes a week after Cision announced it entered into an approximately $2.4 billion deal to merge with investment vehicle Capitol Acquisition Corp. III.