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| [April 30, 2012] |
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Catalina Acquires Mobile Commerce Innovator Modiv Media
ST. PETERSBURG, Fla. --(Business Wire)--
Catalina
Marketing Corporation, the leader in precision consumer marketing,
today announced that is has completed its acquisition of Modiv Media,
the industry-proven provider of mobile
commerce solutions. The integration of Modiv into Catalina provides
brands and retailers the ability to engage shoppers, influence their
behavior, and boost loyalty with a unique mobile experience that saves
shoppers time and money.
Catalina helps manufacturer and retail brands deliver unprecedented
performance and healthier outcomes with integrated in-store and online
marketing platforms. The acquisition extends Catalina's targeted
consumer engagement to include shoppers' smartphones.
"We've been watching Modiv for quite some time now. Their success in
driving in-store innovation is unmatched and their ability to deliver a
scalable mobile commerce solution is exactly what retailers are looking
for," said Jamie Egasti, CEO, Catalina Marketing. "The acquisition will
allow Catalina to drive greater consumer engagement before and during
the buying experience for brands, and deliver increased revenue and
shopper loyalty for large-scale reailers."
"Modiv's retailer-proven mobile commerce solution, coupled with
Catalina's scale, analytics and content, provides an unmatched mobile
shopper marketing solution for large retailers," said Mike Grimes, SVP
of mobile commerce for Catalina and former CEO of Modiv Media. "Helping
shoppers save time and money through an intuitive and relevant mobile
experience is paramount to the future of retail. When combined with
Catalina's deep targeting and large CPG-funded offer pool, this becomes
a must-have for retailers."
"Modiv has spent the last several years building in-store mobile
solutions from the ground up, engineering for a very complex
environment," adds Egasti. "Today, they have the only mobile commerce
solution designed to meet the demands of high-frequency retail. From
comprehensive integration with POS systems to leveraging loyalty and CRM
to influence behavior, this solution integrates perfectly with Catalina
and will change how retailers and brands engage and empower consumers."
Since its founding in 2001, the Modiv solution was built on the premise
of connecting the physical store with the shopper via a mobile device.
Already in over 350 locations, their retailer-branded solution
influences over 1 million shopping trips per month that drive over $1
billion in retailer sales annually.
This February, Modiv introduced Modiv Social which enables retailers and
brands to offer shoppers an integrated mobile coupon wallet experience
that aggregates coupons from any couponing source (web, retailer,
mobile, digital, etc.) and gives shoppers the unique ability to share
select mobile coupons via Facebook (News - Alert). Going far beyond simple sharing,
Modiv Social enables retailers and brands alike the ability to track,
monitor, manage and analyze the lifecycle of a socially shared coupon,
as well as identify 'shopping influencers' and rewarding those who share
these coupons.
The entire Modiv team will remain in the Boston area and will be the
foundation of Catalina's mobile efforts. The company is currently
evaluating a new office location in Boston's Innovation District to
support expansion plans for the mobile team.
About Catalina
Catalina is committed to helping manufacturer and retail brands deliver
unprecedented performance and healthier outcomes. With proprietary and
integrated in and out-of-store marketing platforms - including CouponNetwork.com,
Catalina enables the delivery of the right message to the right audience
in the right environment. Catalina leverages the world's largest,
transaction-level, shopper-data warehouse to develop, deliver, and
measure shopper and patient-driven engagements to approximately 90M
households and 130M health consumers, annually. Media distribution
channels include over 55,000 food, drug and mass locations worldwide,
including 18,000 US pharmacies. Catalina is based in St. Petersburg,
Florida, with operations in the US, Europe and Japan.

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