North Plains Acquires Xinet - Brings Together Best-in-Class Solutions to Manage Rich Media Throughout the Entire Lifecycle
“We have grown Xinet based on the strength of our software and our ability to address the needs of creative talent within organizations,” said Scott Seebass, Chief Executive Officer of Xinet. “Like Xinet, North Plains’ deep focus on digital asset management and their equal passion for delivering innovative products and services allows us to jointly provide our customers unparalleled products, services and solutions for rich media.”
“Accel-KKR is excited to support North Plains in its acquisition of Xinet" said Rob Palumbo, Managing Director of Accel-KKR. "We believe that by combining two innovative and industry leading rich media management providers, who serve clients that span from small creative groups to the global marketing teams in some of the worlds largest companies, we strategically position North Plains for continued and sustained growth”
According to Mukul Krishna, Global Director, Digital Media at Frost & Sullivan, “The need to manage an organization's digital assets is arguably the most critical part of any workflow in today's business environment. It is imperative to have persistent management of digital assets through their lifecycle spanning creation to distribution. Such a complete solution that meets the need at the workgroup level and at the enterprise level, has been very challenging to provide by any single vendor. This acquisition provides a combined set of products and services that more completely address much more of the rich media lifecycle, and sets-up North Plains as the largest pure-play DAM vendor based on revenue.”
The Xinet® WebNative® Suite enhances collaboration and accelerates rich media workflows between staff, vendors or clients in industries like advertising, publishing, prepress, retail and corporate communications.
TeleScope™ is North Plains’ modular, award-winning digital asset management platform. It enables the secure access, management and distribution of all digital and rich media content in virtually any file format, across any size organization in any industry.