Berkery Noyes Represents Networld Media Group in its Divestiture of Mobile Payments Today to Industry Dive
February 3, 2021
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Industry Dive acquires Mobile Payments Today
Feb. 3, 2021 – Industry Dive, a leader in business journalism, today announced its acquisition of Mobile Payments Today, an information resource focusing on mobile payments projects and technology. The addition of the Mobile Payments Today site, audience, and associated assets to Industry Dive’s growing media portfolio furthers the company’s offerings to a new cross-section of business leaders.
“We are always looking to go deeper into markets and this is the right move as we begin to cover the payments industry – an area at the intersection of our current portfolio of publications including banking, retail, grocery, and others,” said Industry Dive CEO Sean Griffey. “The acquisition of Mobile Payments Today will give us a foothold into the payments market with readers and followers already invested in the topic. We are always evaluating acquisitions as we determine the next audience a Dive will serve and expect to do more.”
Under the agreement, Mobile Payments Today will continue to publish under its regular format until Payments Dive, Industry Dive’s planned publication dedicated to the market, launches March 1.
This acquisition is Industry Dive’s third in the last seven months.
In July, the company acquired the content marketing team and services under NewsCred – leading to the launch of a global content marketing studio now known as studioID. In December, the company acquired CFO Media Group – including CFO.com, expanding its role in informing chief financial officers.
Berkery Noyes served as the exclusive financial advisor to Networld Media Group, the former parent company of Mobile Payments Today.
Industry Dive is a leading business journalism company. More than 11 million decision-makers across 21 competitive industries rely on our exclusive insight and analysis delivered through 22 publications.
SOURCE: Industry Dive