Background
DC Advisory advised Copyright Clearance Center, Inc. (CCC), the US-based company engaged in providing rights licensing technology solutions, on its acquisition of Ixxus Limited, the UK-based software professional services firm and provider of publishing solutions that reinvent the way organizations work with content, for an undisclosed consideration.
Outcome
Ixxus' content management expertise and services combined with CCC's rights management expertise and license products will enable CCC to create new offerings, which their clients required. Pursuant to transaction, Ixxus will operate as a wholly owned subsidiary of CCC.