Lithium Technologies expected to Acquire ScoutLabs for $20+ Million

Hugh Macken • May 07, 2010

Lithium Technologies expected to Acquire ScoutLabs for $20+ Million The post Lithium Technologies expected to Acquire ScoutLabs for $20+ Million appeared first on VMR. Lithium Technologies expected to Acquire ScoutLabs for $20+ Million was first posted on May 6, 2010 at 7:58 pm.©2015 "VMR". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at hugh@vmrcommunications.com

Image representing Scout Labs as depicted in C...
Image via CrunchBase

TechCrunch’s Michael Arrington , one the world’s leading bloggers, reported today that social media monitoring technology provider  ScoutLabs is expected to be acquired by social CRM provider  Lithium Technologies for between $20 million and $25 million. The deal is expected to be announced shortly, according to Arrington.

Lithium is a leading provider of enterprise social CRM solutions. Lithium’s platform provides enterprise-class security, analytics, APIs , and multi-language support according to the company’s website.

ScoutLabs is a leading technology provider for social media monitoring and reputation management. According to Arrington:

We’ve found it to be best in class in auto-determining sentiment and giving brand managers a good real time overview of what’s being said about them.

VMR Communications is a ScoutLabs agency partner and will update this post as we learn more.

UPDATE (April 7, 2010):

Additional details are available at Louis Gray’s blog.


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