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Privately held
Industry News dissemination
Founded 1982 (as Canadian Corporate News)
Headquarters Toronto, Ontario, Canada
Area served
Canada, United States, United Kingdom, Europe, Asia, and Latin America
Key people
Adnan Ahmed (President and Chief Executive Officer)
Services Online press release and content distribution. Social media monitoring and research.
Owner OMERS Private Equity
Number of employees
Subsidiaries Sysomos

Coordinates: 43°38′36″N 79°22′51″W / 43.64328°N 79.380854°W / 43.64328; -79.380854 Marketwired is a press release distribution service headquartered in Toronto, Canada. Marketwired was founded in 1993 and incorporated in the U.S in 1999. The company distributes press releases via traditional methods (Associated Press, Bloomberg, etc.) as well as new media methods and other services.

Corporate history[edit]

Marketwired was founded as Internet Wire in October, 1994 by PR agency owner Michael Terpin and online marketer Michael Shuler in Los Angeles, CA. It received $17.5 million in venture capital in January 2000.[1] The company changed its name to Market Wire in April, 2003, after making a partnership with NASDAQ, where its services would be recommended to listed companies.[2]

In 2006, Marketwired (then known as Marketwire) was acquired by CCNMatthews, a 25-year-old news distribution company in Canada. The company adopted the name Marketwire unilaterally. The company is now majority-owned by OMERS Private Equity,[3] which manages the private equity activities of OMERS Administration Corporation, a Canadian pension fund. The company's history can be traced back to 1957.

In July 2010, Marketwire acquired Sysomos, a social monitoring and analytics service, offering customers the ability to track their social presence across sites like Facebook and Twitter.[citation needed]

In October 2011, Marketwire filed a lawsuit accusing PR Newswire of trying to steal confidential information and trade secrets, seeking at least $25 million in damages.[4]

In April 2013, Marketwire re-branded, changing its name to Marketwired and introducing the tagline “The power of influence” with an updated logo.[5]


The company's services are categorized into six offerings.

  • Online press release and content distribution
  • Regulatory disclosure and filing services
  • Social media monitoring and analytics
  • Online content management and newsroom hosting
  • Media contact database and management tool
  • Software for collaborative content creation, social research, traditional and social distribution, and performance measurement


  1. ^ "Internet Wire Launches Second-Generation Internet- Based Company News Service; Raises $17.5 Million First Round, Led By Sequoia Capital & Hummer Winblad Venture Partners". Market Wire. 2005. 
  2. ^
  3. ^ OMERS Private Equity
  4. ^ "Stop the press releases! PR Newswire sued by rival". Reuters. October 26, 2011. 
  5. ^ "Marketwire Rebrands, Names Delaney COO, Former Yahoo VP As CTO". MediaPost. April 2, 2013. Retrieved April 3, 2014. 

External links[edit]