Stingray bolsters digital media business with Novramedia acquisition

MONTREAL — Stingray is growing again, announcing on Wednesday it is acquiring Toronto-based Novramedia, a leader in the design, development and implementation of digital media solutions.Founded in 2006, Novramedia manufactures and develops software and hardware, and employs a talented in-house creative and content development team, resulting in turnkey digital media solutions. Novramedia serves a range of client industries, including the finance, retail, hospitality and healthcare sectors. Some of Novramedia’s financial and retail clients include BMO, Scotiabank, Joe Fresh and CF Toronto Eaton Centre.Under the terms of the acquisition agreement, Stingray will fully own and operate Novramedia with the continued direction...