GS1 New Zealand has announced that it will acquire Images in Space Ltd, to unlock substantial synergy value and drive growth. A leading supplier of digital photography and digital image management services, Image In Space will join GS1 to support businesses’ growing need for high quality product data and high quality digital images, with all staff and services coming over to GS1.
“The exchange of high quality product data between trading partners is now critical for reliable and efficient commerce,” said Peter Stevens, chief executive, GS1. “In today’s increasingly omni-channel digital marketplace, it is becoming critical also to complement product data with high-quality photography and other digital media assets.”
From now on, all current Images in Space’s services will be operated in parallel with GS1’s SmartMedia services, while GS1 will also work with consumer products manufacturers, distributors and retailers on the design of new product data and image services.
Barry Pyle, Images in Space former owner and CEO, will join GS1 as general manager services.
“It’s great to be joining, with my team, the GS1 family. The acquisition provides a wonderful opportunity to combine the strengths of Images in Space and GS1, and improve our service offerings for the benefit of everyone and meet the omni-channel challenge,” said Pyle.