LIVINGSTON, NJ: BurrellesLuce has bought the US print monitoring operations of Cision for $2 million.
The majority of the cost, $1.5 million, will be paid in quarterly installments through 2013. The deal is expected to be complete by the fourth quarter of this year.
All Cision print monitoring clients will transition to BurrellesLuce with their current contracts. Customers who use Cision for services other than print monitoring will work with both companies.
Cision has seen a drop in demand for and ...