January 17, 2014
Internet Media Services Inc. announced its acquisition of U-Vend USA LLC and U-Vend Canada Inc., manufacturers of self-service, automated retailing kiosks.
According to a company news release, U-Vend kiosks are marketed toward hospitals, schools, airports, grocery stores, drug stores, mass merchants, malls and other retail locations. U-Vend also markets an optional digital advertising service that can be integrated with the automated retailing kiosks. They currently have ongoing operations in the greater Chicago area as well in Ontario, Canada, the release said.
Raymond Meyers will remain on as CEO of Internet Media Services, with primary focus on corporate development, finance, public administration, and overall company operations. Paul Neelin will remain the founder and COO of U-Vend and be responsible for development of branding partnerships, expansion of the business model, and global sales and marketing activities, the release said.
"We are very pleased to be joining the team and looking forward to the continued development of our product line through the tremendous resources afforded to us by being part of a publicly listed company," Neelin said in the release.
Read more about kiosk manufacturers.