New York - PR Newswire, an electronic press release distribution service, announced on Thursday that it will acquire Hispanic PR Wire, LatinClips and Hispanic Digital Network.

Financial terms of the deals were not disclosed.

Manny Ruiz, president and co-founder of the three Miami-based businesses, as well as senior management, will join PR Newswire and lead the company's efforts in the Hispanic marketplace.

Hispanic PR Wire provides press release distribution, while LatinClips offers media monitoring and measurement services, and Hispanic Digital Network is an online ad network of U.S. Hispanic newspapers, magazines and media portals.

"The acquisition of Hispanic PR Wire, LatinClips and Hispanic Digital Network is in line with PR Newswire's mission to enhance our multicultural services in the U.S. and internationally through a combination of organic development and acquiring leading companies," said PR Newswire CEO Charles Gregson.

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http://www.prnewswire.com

http://www.hispanicprwire.com

http://www.hdnweb.com