Home / Knowledge / News / Information Technology / OBJE forms new company to complete A-Plus Tech buyout
OBJE forms new company to complete A-Plus Tech buyout
17
Nov '11
Obscene Jeans Corp. announced that it formed a new subsidiary company—Obscene Interactive, LLC—in order to complete the acquisition of emerging social media analytics firm A-Plus Technologies.

The acquisition of A-Plus Technologies and its potentially revolutionary marketing innovations is key to OBJE's plans to foster major company growth by entering the rapidly expanding social media market. The company's management expects the social media sector to continue to grow and mature at an accelerated clip, a view validated by today's launch of the first social media ETF, the Global X Social Media fund (SOCL).

“The launch of this new ETF is proof that social media is an established, global industry that is unquestionably on the rise,” said OBJE CEO Paul Watson. “Not only have revolutionary platforms such as Twitter and LinkedIn changed the way we communicate, they're becoming major drivers of our economy, as well. This sector has nearly unlimited potential for expansion, making it the ideal niche for a growth-oriented company like OBJE.”

A-Plus Technologies utilizes proprietary algorithms to collect valuable consumer trends and data from social media platforms, allowing clients to better market their products to targeted customers.

“A-Plus has an innovative business model and software that we believe could allow Obscene Interactive to begin turning a profit very quickly,” Watson said. “By acquiring the company through the new subsidiary, we'll be able to retain full control and ownership over A-Plus while keeping our social media business separate and distinct from our fashion-related activities.”

Obscene Interactive is a division of Obscene Jeans Corp. that develops innovative technology tools to service the fast-growing social media sector alongside companies such as Groupon, Inc., Linkedin Corp., Pandora Media Inc., and Cisco Systems.

Obscene Interactive is an emerging global developer of social media tools and applications. OBJE's cutting-edge technology platform enables its titles to be accessible to a broad audience of consumers all over the world, supporting multiple platforms for universal appeal. Obscene Interactive is focused on delivering the best in social media solutions to the mass market.

Obscene Jeans Corp


Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X