[1/3] The Thomson Reuters logo is seen on the company building in Times Square, New York, U.S., January 30, 2018.
REUTERS/Andrew Kelly/File PhotoJune 28 (Reuters) - Thomson Reuters (TRI.TO) will buy Imagen, a digital content asset management company, for an undisclosed price, to expand its agency business to new customers, the news and information company said on Wednesday.
Britain-based Imagen, which owns the Screenocean video distribution platform, operates digital content libraries for sports, media and business companies including Premier League soccer and Major League Baseball.
"Our belief is that our agency business needs to evolve to be a tech-enabled content delivery (business)," Reuters President Paul Bascobert said in an interview.
On Monday, Thomson Reuters said it agreed to buy Casetext, a California-based AI company that helps legal professionals conduct research, analysis and prepare documents using generative AI, for $650 million.
Persons:
Andrew Kelly, Imagen, Paul Bascobert, Bascobert, Thomson, Kenneth Li, Lisa Shumaker
Organizations:
Thomson Reuters, REUTERS, Premier League soccer, Major League Baseball, Reuters News, Reuters, Reuters Connect, BBC, USA, Thomson
Locations:
Square , New York, U.S, Britain, California, New York