Mediascope announces its acquisition of controlling stake in technology company Cifrasoft

10.02.2020

The research company Mediascope will acquire a controlling stake in Cifrasoft LLC, a Russian provider of technologies and solutions for research in the digital environment and cross-media measurements. The parties made a deal. Following its completion, Mediascope will become a majority owner of the company.

The deal is contingent on Mediascope’s strategic tasks, the most important of them being further development of cross-media measurements, creation of innovative products for media advertising market and expansion of client service. The company is actively investing in amplification of its own technological capabilities. At the same time, Mediascope is interested in developing its own solutions for media research, as well as in partnership with other developers of technology for analysis of media and advertising audience and consumer behavior.

Since 2008, Cifrasoft has been developing solutions for media measurements. The company has technology for tracking user behavior on the Internet, including on mobile devices, and analyzing consumption of content and advertising in digital and non-digital environments. Cifrasoft also develops audio watermarking and audio fingerprinting technologies. Audio watermarking technology, in particular, allows you to measure the audience of professional content and advertising in all environments using audio tags embedded in the content. Audio tags are recognized using special software and applications installed on respondents' devices - smartphones, tablets, desktop computers, laptops and smart watches.

Ruslan Tagiev, CEO of Mediascope:

“A successful research business is impossible without innovation. Recently, Mediascope has taken several important steps to amplify its technological capabilities: we started digital transformation of the company and already in 2019 launched the Mediascope Data Platform. The deal with Cifrasoft is one more step in this direction. For several years, we closely monitored all Cifrasoft products, especially solutions for mobile measurements. Mediascope prizes the quality of these technologies. We are pleased with the deal and we are confident that its results will bring cross-media measurements and mobile research to a whole new level.”

Sergey Zhidkov, Director of Cifrasoft:

“Cifrasoft team is pleased to be able to join forces with Mediascope team. Together, we can offer the market new technological solutions that will improve the quality of cross-media measurements of the audience. I’m confident that our current clients, as well as Mediascope clients and partners, and the media measurement market as a whole will benefit from the deal.”

About Cifrasoft

Cifrasoft develops technology for automatic recognition of the content, as well as software and hardware solutions for conducting cross-media panel measurements. The company's embedded software runs stable on mobile devices in Russia and abroad. Cifrasoft’s clients and partners are Russian and foreign companies: from small startups to leading global manufacturers of mobile devices.