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posted: 12/12/2012 10:56 AM

Magenium Solutions acquires social media marketing firm

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Wheaton-based IT services firm Magenium Solutions said it has acquired Capable Networks LLC, a social media marketing consultancy in Glen Ellyn. Terms of the acquisition were not announced.

The acquisition will strengthen Magenium's commitment to building a depth of services based on innovative technology solutions, the company said in a statement.

"We are excited to add the Capable Networks' team to our staff. Their experience with emerging media will be a great benefit for our clients. Businesses know they need to engage in social networking to be competitive. They need a partner who can help them define a social road map and implement a social media marketing plan from strategy through execution," said Colleen LaMantia, managing partner of Magenium Solutions. "By bringing Capable Networks into our service portfolio, we are uniquely positioned to help our clients establish their social media footprint and deliver the infrastructure backbone to support those initiatives.

"We see a gap in digital offerings from other IT services firms and we feel it is important to stay on-trend by delivering new and emerging technology solutions that will help our customers grow and move their business forward," she added. "This addition to our service offerings further distinguishes us as an innovative technology firm focused on delivering forward-thinking technology products and solutions to our customers."

Capable Networks has a list of clients who will benefit from the increased service offerings available to them as a result of this transaction, the company said. .

"We are excited to add our social media capabilities with Magenium Solutions' current offerings," said Ron Repking, CEO of Capable Networks. "By combining our expertise in social media marketing with Magenium's existing CRM and other complementary services, we can now offer our clients a complete end-to-end customer marketing experience."

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