Osborne Clarke lawyers in Bristol advise the key shareholders of Imagen on sale to Thomson Reuters
Multinational news and media firm Thomson Reuters has entered into a definitive agreement to acquire Cambridge-based Imagen, a cloud-native media asset management company.
Lawyers from international law firm Osborne Clarke’s Bristol office advised the major shareholders of Imagen on the deal, including Cambridge Innovation Capital, Guinness Asset Management, Foresight Group, the founders and senior management.
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Imagen also owns Screenocean, a platform that provides production companies and others the ability to license video and photo content from around the world.
The Osborne Clarke team was led by head of corporate Alistair Francis and included Bristol-based partner Simon Jones (pictured), senior associates Lottie Brewster and Mythri Reddy, associate Demi Joannides, tax and incentives partner Anika Chandra, tax senior associates Jonny Musty, who is Bristol-based, and Ben Doeh, tax associate Maryam Khalifa, banking senior associate Jon Dodds and banking associate Anmol Gill.
Imagen will become a part of the Reuters News division.
“The acquisition of Imagen will continue our plans to build a world-class experience for Reuters News Agency customers, making it easier for them to discover, access and manage the content they need to deliver a best-in-class product to their audiences, while ensuring Imagen’s customers continue to get the outstanding service they are used to”, said Reuters president Paul Bascobert.
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“With the addition of Imagen, clients will have the ability to seamlessly add media asset management services to store, manipulate, permission, distribute and monetize all their visual content.”
“We are delighted to become part of the Reuters family and are excited for the potential this gives us”, said Imagen CEO Charlie Horrell.
“The combination of Reuters and Imagen brings significant opportunities to reach new customers and better serve existing ones. We look forward to a bright future together.”