Stingray adds 10K new European commercial clients with DJ-Matic acquisition

MONTREAL – Stingray has arrived in the European market after acquiring in-store media provider DJ-Matic.Launched in 2000, DJ-Matic serves clients in industries such as bars and pubs, retail stores, restaurants, hotels, and fitness centers. The deal provides Stingray Business with commercial clients in 10,000 locations across Belgium, the Netherlands, Germany, and Denmark.Under the terms of the agreement, Stingray will fully own and operate DJ-Matic with the continued direction of the company’s current leadership team.Stingray said Friday that the strategic acquisition supports its business plan and growth strategy by giving Stingray Business a solid foothold in Europe and a share in the...