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13/02/2008
UTV Acquires Tibus For £5 Million
UTV plc has acquired Tibus, an all-Ireland focused web design agency with offices in Dublin and Belfast for £5 million.
Tibus, which employs 30 people, was founded in 1996 and specialises in providing online services for clients across a broad range of business sectors and central and local government.
UTV New Media currently provides web development, design, hosting and interactivity to a largely retail customer base and broadband and telephony services to the residential market.
The acquisition will allow the broadcaster to extend its services to commercial and institutional customers.
Tibus Managing Director, Gareth Dunlop, said: “This acquisition allows us to further serve our current customers, as well as using our suite of skills within the UTV fold to take the UTV web strategy to the next level.”
Group Chief Executive, UTV Media plc, John McCann said: “Tibus is an very successful business with web services expertise that will considerably strengthen our New Media division and enable us to drive our multi-media strategy forward.
“UTV broadcasts the most watched programming in Northern Ireland and our expertise in producing entertaining and informative content combined with Tibus’ web expertise will ensure we communicate with our viewers and listeners via online channels, enabling them to contribute, engage and interact with us in a way most suitable and convenient for them, be that TV, radio, web, or mobile.”
Managing director of UTV New Media, Biggerstaff added: “The combined expertise of UTV and Tibus will make UTV New Media a formidable competitor in the web market across Ireland and the UK.
“UTV New Media has built up a very strong presence in the residential and retail markets throughout Ireland and the integrations of Tibus will give us a strong foothold in the business-to-business market.”
(DS)
Tibus, which employs 30 people, was founded in 1996 and specialises in providing online services for clients across a broad range of business sectors and central and local government.
UTV New Media currently provides web development, design, hosting and interactivity to a largely retail customer base and broadband and telephony services to the residential market.
The acquisition will allow the broadcaster to extend its services to commercial and institutional customers.
Tibus Managing Director, Gareth Dunlop, said: “This acquisition allows us to further serve our current customers, as well as using our suite of skills within the UTV fold to take the UTV web strategy to the next level.”
Group Chief Executive, UTV Media plc, John McCann said: “Tibus is an very successful business with web services expertise that will considerably strengthen our New Media division and enable us to drive our multi-media strategy forward.
“UTV broadcasts the most watched programming in Northern Ireland and our expertise in producing entertaining and informative content combined with Tibus’ web expertise will ensure we communicate with our viewers and listeners via online channels, enabling them to contribute, engage and interact with us in a way most suitable and convenient for them, be that TV, radio, web, or mobile.”
Managing director of UTV New Media, Biggerstaff added: “The combined expertise of UTV and Tibus will make UTV New Media a formidable competitor in the web market across Ireland and the UK.
“UTV New Media has built up a very strong presence in the residential and retail markets throughout Ireland and the integrations of Tibus will give us a strong foothold in the business-to-business market.”
(DS)
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UTV Media plc has announced a rise in the group's revenue of 7% in 2010 to £120.2million. The figure for the previous year was £112.1million. Group operating profits rose by 8% last year with the company making a profit of £25.9million in 2010 compared to £24million the year before. An increase of 17% was made in record pre-tax profits to £21.
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
