Mediaocean completed the acquisition of MBS.

Mediaocean, the system of record for the advertising world, completed the acquisition of MBS, a Paris-based media management software provider. Financial terms were not disclosed. "The acquisition of MBS is a key step in Mediaocean's continued expansion in Europe and worldwide servicing global marketers, agencies, sellers and the wider advertising community. The MBS acquisition helps Mediaocean deliver our system of record solutions across the plan to pay media buying process in France and beyond. We are very excited to have MBS join our team," Bill Wise, Mediaocean CEO.