Zeta Global Completes Acquisition of LiveIntent
October 21 2024 - 8:15AM
Business Wire
Zeta Global (NYSE: ZETA), the AI-Powered Marketing Cloud, today
announced it has successfully completed its acquisition of
LiveIntent, a pioneer in people-based marketing.
The addition of LiveIntent’s assets, publisher network, and
channel capabilities will bolster the Zeta Marketing Platform,
strengthen the Zeta Data Cloud, and advance Zeta’s position in
AI-powered marketing. For more information on the acquisition, read
here.
“Acquiring LiveIntent is not only accretive to our financial
profile, it also strengthens the value we deliver to enterprises,
extends our platform to the publisher ecosystem and widens our
moat,” said David A. Steinberg, Co-Founder, Chairman, and CEO of
Zeta Global. “We’re delighted to add LiveIntent’s vast data assets,
direct channel capabilities and premium publisher network to the
Zeta Marketing Platform (ZMP). The integration of LiveIntent into
the ZMP will expand gross margins while accelerating the shift of
our revenue derived from agency customers to direct channels.”
Transaction details are available in Zeta’s Press Release and
8-K filed with the Securities and Exchange Commission on October 8,
2024.
About Zeta Global
Zeta Global (NYSE: ZETA) is the AI-Powered Marketing Cloud that
leverages advanced artificial intelligence (AI) and trillions of
consumer signals to make it easier for marketers to acquire, grow
and retain customers more efficiently. Through the Zeta Marketing
Platform (ZMP), our vision is to make sophisticated marketing
simple by unifying identity, intelligence and omnichannel
activation into a single platform – powered by one of the
industry’s largest proprietary databases and AI. Our enterprise
customers across multiple verticals are empowered to personalize
experiences with consumers at an individual level across every
channel, delivering better results for marketing programs. Zeta was
founded in 2007 by David A. Steinberg and John Sculley and is
headquartered in New York City with offices around the world.
Forward-Looking Statements
This press release, together with other statements and
information publicly disseminated by the Company, contains certain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. The Company intends
such forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995 and includes this
statement for purposes of complying with these safe harbor
provisions. Any statements made in this press release that are not
statements of historical fact, including statements about our
acquisition of LiveIntent and the anticipated synergies, accretive
value, impact on Zeta’s product portfolio and market position,
gross margin growth and revenue shift acceleration from agencies to
direct customers, are forward-looking statements and should be
evaluated as such. Forward-looking statements include information
concerning our anticipated future financial performance, our market
opportunities and our expectations regarding our business plan and
strategies resulting from our acquisition of LiveIntent. We base
these forward-looking statements on our current expectations, plans
and assumptions that we have made in light of our experience in the
industry, as well as our perceptions of historical trends, current
conditions, expected future developments and other factors we
believe are appropriate under the circumstances at such time.
Although we believe that these forward-looking statements are based
on reasonable assumptions at the time they are made, you should be
aware that many factors could affect our business, results of
operations and financial condition and could cause actual results
to differ materially from those expressed in the forward-looking
statements. For information regarding other related risks, see the
“Risk Factors” section of Zeta’s most recent annual report on Form
10-K and quarterly reports on Form 10-Q. We undertake no obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20241020176466/en/
Investor Relations Madison Serras ir@zetaglobal.com
Press Candace Dean press@zetaglobal.com
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