CORRECTING and REPLACING Avenue A / Razorfish Acquires Duke Digital Marketing Agency Based in France
07 3월 2007 - 2:44AM
Business Wire
Sixth graph, first sentence of the release should read March 6,
2007 (sted March 5, 2007). The corrected release reads: AVENUE A /
RAZORFISH ACQUIRES DUKE DIGITAL MARKETING AGENCY BASED IN FRANCE
Avenue A | Razorfish, one of the largest interactive services firms
in the world and an operating unit of aQuantive, Inc.
(NASDAQ:AQNT), today announced the acquisition of Duke, an
independent interactive agency based in Paris. Duke will retain its
brand identity and existing leadership team and will operate as a
subsidiary of Avenue A | Razorfish. Duke joins Avenue A |
Razorfish�s growing international digital marketing family, which
includes offices across the U.S. and in Australia, Hong Kong,
China, Germany, Japan and the United Kingdom. Founded in 1999, Duke
helps clients position, define and implement their brands online
through an integrated use of strategy, marketing, design and
technology. The agency�s innovative client work was recently
honored with three Cyber Cristal awards at the distinguished
M�ribel Advertising Festival, a Cyber Lion at the International
Cannes Festival for the Sony (PSP) PlayStation launch and Best
Interactive Agency of the last 20 years for CB News Magazine.
Clients include Nissan, McDonald�s, Nike and Procter and Gamble,
among others. Duke co-founder and co-president Christine Santarelli
commented, �Our shared vision of creativity tailored to the
specific needs of clients is at the heart of this opportunity. We
look forward to working together with the Avenue A | Razorfish team
to grow and develop new skills, and help clients define their
online marketing goals and realize measurable success.� �Duke�s
remarkable host of digital marketing solutions for Web site
creation and development is in harmony with their clients� brands,�
said Clark Kokich, worldwide president, Avenue A | Razorfish. �As
showcased by their impressive work and industry honors, Duke
demonstrates a keen ability to anticipate consumer behavior online.
Teaming with this talented group provides our growing international
organization a means to serve multinational clients� needs in
France and beyond.� Under the leadership of Christine Santarelli
and Matthieu de Lesseux, co-founders and co-presidents, the company
is profitable and expects net revenue of approximately $12-$14
million (US) for the remainder of 2007. Duke has 130 employees and
is a member of AACC Interactive, EBG and IAB advertising
associations. The total purchase price, payable in cash, will be
determined by an earnout arrangement based on profit contributions
from Duke over the next three years and Duke�s net asset value on
March 6, 2007. A cash payment of �6 million was paid as upfront
consideration on the earnout. aQuantive expects this acquisition to
be accretive on both a GAAP earnings and EBITDA basis. About Duke
Established in 1999, Duke is an independent interactive agency
based in France and the United Kingdom. Their online marketing
strategy is to enhance and position brands online, helping clients
such as McDonald�s, Nike, PlayStation, Procter and Gamble and
Nissan define and implement digital strategies. Duke is the largest
independent interactive agency in France and offers a full range of
digital services, including strategy, creative design, IT, search
engine marketing and hosting. Please visit
http://www.duke-interactive.com for more information. About Avenue
A | Razorfish Avenue A | Razorfish is one of the largest
interactive marketing and technology services agencies in the
world. The company helps industry leaders such as Kraft, Dell, The
New York Times and Starwood Hotels use digital channels to acquire
and service customers.�Avenue A | Razorfish's full suite of digital
offerings includes online�advertising, Web site design and
development, email and search engine marketing, emerging media
strategies, and enterprise portal development. Its award-winning
client teams have a great understanding of customer needs
and�provide solutions through distinct business disciplines, which
include: analytics,�strategy, technology, media, creative design
and user experience. An operating unit of Seattle-based aQuantive,
Inc. (NASDAQ:AQNT), Avenue A | Razorfish�has offices in markets
across the United States and global operations in Australia, China,
Germany, Japan and the United Kingdom. Please visit
www.avenuea-razorfish.com for more information. Certain statements
in this press release are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
Words such as "expects," "anticipates," "forecasts," and similar
expressions identify forward-looking statements, but their absence
does not mean that the statement is not forward-looking.
Forward-looking statements also include any other passages that
relate to expected future events or trends that can only be
evaluated by events or trends that will occur in the future. The
forward-looking statements in this release include, without
limitation, statements regarding expected revenue of Duke for the
remainder of 2007, expected future financial contributions, and
expected benefits to be realized through the combination of Avenue
A | Razorfish and Duke. These forward-looking statements are
subject to certain risks and uncertainties that could cause actual
results to differ materially from those anticipated, such as risks
inherent in acquiring a business and the risk that the business may
not be integrated successfully. More information about factors that
could cause actual results to differ materially from those
predicted in aQuantive's forward-looking statements is set out in
its annual report on Form 10-K for the year ended December 31,
2006, filed with the Securities and Exchange Commission. Readers
are cautioned not to place undue reliance upon these
forward-looking statements, which speak only as to the date of this
release. Except as required by law, aQuantive undertakes no
obligation to update any forward-looking or other statements in
this press release, whether as a result of new information, future
events or otherwise. � Avenue A | Razorfish�. All rights reserved.
Part of aQuantive, Inc. (NASDAQ:AQNT) In the company name Avenue A
| Razorfish noted in this news release, a pipe symbol appears
between Avenue A and Razorfish. This symbol may not appear properly
in some systems.
Aquantive (NASDAQ:AQNT)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Aquantive (NASDAQ:AQNT)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024