Yipes Acquisition Makes Headlines
Worldwide
In July, India-based Reliance Communications announced its
agreement to acquire Engage PR client Yipes Holdings, Inc., a
leading provider of managed Ethernet services, for $300 million. The
company called on the EPR team to provide strategic advice and
manage an extensive media outreach plan to promote the announcement
of the largest acquisition in Reliance's history.
The EPR team advised client executives through the press-release
process as Reliance, Yipes, and Norwest Venture Partners, a primary
investor in the company, all worked to finalize the announcement.
Because the announcement was issued on U.S. wire services in the
middle of the night, the EPR team was on the phones as the sun rose
on the West Coast. In less than four hours, Engage PR had scheduled
and hosted telephone briefings with Yipes executives and reporters
from The Wall Street Journal, Fortune, Dow Jones, Network World,
Telephony, and Light Reading. The acquisition has now
been covered in more than 180 news articles around the world.
By working with Yipes to articulate the story and spread the
message to key reporters and industry analysts, Engage PR helped the
company achieve the highest level of media exposure it has seen to
date. Yipes will continue to operate as an independent company
during and after the close of the deal, and Engage PR will provide
continued support as a valued partner to the new publicly held
company.
Establishing Riverbed as a Market
Leader
When Engage PR started working with Riverbed Technology in July
2006, the company was busy gearing up for its initial public
offering (IPO) in the fall and looking for PR support to increase
its visibility as the market leader for wide-area data services
(WDS) solutions. Although Riverbed was well-known among industry
trade publications, the EPR team was tasked with introducing the
company to key reporters and increasing its overall visibility with
the business press.
In January 2007, Engage PR began promoting Riverbed to key
business press reporters. The goal of the program was to educate the
media on the value of Riverbed's solution as a strategic investment
for corporations looking to improve global business continuity and
network collaboration over the wide area network (WAN).
With ongoing, proactive outreach, Engage PR helped Riverbed
establish solid relationships among the business press and garner
results that exceeded team targets.
Following are key program highlights:
- Two articles above-the-fold on the front page of The Wall
Street Journal's "Marketplace" section
- Inclusion in a cover story in Business Week
- Feature articles in Bloomberg, Dow Jones, Investor's
Business Daily, and The Street
- A broadcast interview with Riverbed CEO Jerry Kennelly on
Bloomberg TV
By increasing business-press exposure of top executives and
successfully promoting Riverbed's technical and thought leadership,
the PR campaign helped grow the company's mindshare and further
differentiate it against competitors such as Cisco and
Juniper.
Engage PR Helps Create Awareness for
Xangati and Its New Product Category
Typically, end users alert IT to application and network
performance problems-not the other way around-forcing IT personnel
into reactive mode and preventing them from focusing on proactive,
strategic issues. Xangati's Rapid Problem Identification (RPI)
technology corrects this unproductive model by giving IT the
actionable information it needs to uncover core problems before they
can adversely affect the productivity of end-users.
Xangati sought out the services of Engage PR because of its
repeated success in helping define and promote new product
categories. The early education process is of paramount importance
in such market-defining campaigns, so the joint work began in
February 2007, well before the product introduction. The team's
initial efforts began with key message testing with press and
analysts to ensure that the RPI problem statement was easy to
understand and could be clearly represented to Xangati's core
customer-base-network operations.
Those foundational efforts were instrumental to a successful June
2007 company and product launch. The company's first tour
orchestrated by EPR included more than 20 key press and analysts,
which exceeded initial goals. Coincident with the launch, EPR also
worked with Xangati to place contributed articles, trend pieces, and
response opportunities in top trade publications to promote
educational awareness.
The company launch was a great success, resulting in eight
articles that positioned Xangati as the thought leader in the RPI
space; analysts also strongly endorsed the solution. Perhaps the
greatest testament to the success of the launch, however, was the
significant number of new prospects requesting meetings as a result
of the positive press coverage. Alan Robin, Xangati CEO said,
"That's real proof of the bottom-line value of PR."
An Afternoon at the Gardens
Engage PR's recent community service project with Piedmont
Gardens retirement community provided a wonderful chance for
employees to meet with some local, lively seniors.
The team spent the afternoon with residents talking about their
families, travels, and life in the Bay Area. We coordinated games
and activities, and had a designated area for residents to meet EPR
members' dogs. The time flew by and we made some great friends.
In PR, we are communicators, so it was natural to spend time
visiting with those who had so much to say. This profession teaches
each of us that some of the best experiences are had when we take
the time to listen to people's stories and learn how their
successes, heartaches, and triumphs contribute to the world in which
we live.
Engage
PR 1301 Marina Village Parkway Suite 215 Alameda,
CA 94501 510.748.8200 510.748.8201 (fax) www.engagepr.com
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Engage
PR East 2011 Crystal Drive Suite 457 Arlington,
VA 22202 703.682.6956 510.217.6310 (fax)
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