{"id":37102,"date":"2023-05-31T10:36:07","date_gmt":"2023-05-31T05:36:07","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=110275"},"modified":"2023-05-31T10:36:07","modified_gmt":"2023-05-31T05:36:07","slug":"azerion-makes-significant-progress-with-the-consolidation-and-integration-of-previous-acquisitions","status":"publish","type":"post","link":"https:\/\/myanmarnewsgazette.com\/azerion-makes-significant-progress-with-the-consolidation-and-integration-of-previous-acquisitions\/","title":{"rendered":"Azerion makes significant progress with the consolidation and integration of previous acquisitions"},"content":{"rendered":"
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Amsterdam, 31 May 2023<\/strong> \u2013 Today, Azerion has shared further details on the progress made in consolidating and integrating previously acquired businesses, which led to the launch of new products, market expansions, technological improvements and expected cost savings.<\/p>\n

Azerion\u2019s initiatives to integrate and consolidate the different technologies, teams, brands, offices and back-office activities have progressed well in Q1 2023 and are expected to result in annualized savings of at least EUR 15 million compared to January 2023 baseline. This is a significant improvement to the previously communicated expectation of at least EUR 10 million annualized savings.<\/p>\n

After its listing on Euronext Amsterdam in early 2022, Azerion completed several acquisitions, most of them during the second half of last year. Since the beginning of 2023, Azerion has set out as one of its priorities to accelerate the integration of past acquisitions and make Azerion\u2019s platform more efficient and fit to scale up later in 2023. Below some examples of successful integration initiatives:<\/p>\n

Ad sales<\/strong><\/p>\n

Over the last few years Azerion has built direct sales capabilities and expertise across various markets, working closely with advertisers and media agencies to maximise their results. <\/strong><\/p>\n