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Adotas (Free subscription) | 10/14/2009
ADOTAS - Hook, line and sinker — French advertising agency Publicis Groupe SA has acquired the trophy catch of interactive advertising companies, Razorfish, from Microsoft for $286.8 million in cash and 6.5 million shares of stock. Microsoft also receives a 3.3% stake in Publicis. With fiscal 2009 revenue of $380 million and 2,200 employees spread across eight countries, Razorfish is the second...
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eWeek (Free subscription) | 10/14/2009
Microsoft and French advertising agency Publicis Groupe SA have finalized the sale of Razorfish, Redmonds digital-advertising subsidiary which it originally acquired as part of a $6 billion deal in 2007. Although Microsoft CEO Steve Ballmer predicted during that period that Microsoft would expand its advertising-services base and acquire a range of companies, the ensuing economic recession and PC-sales...
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PR News Wire (Free subscription) | 10/14/2009
PARIS, October 14 /PRNewswire-FirstCall/ -- Publicis Groupe SA (Euronext Paris: FR0000130577) announced today the closing of its acquisition of Razorfish. The transaction was subject to customary closing conditions.
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TechChuck (Free subscription) | 08/10/2009
It's acquisition fever in Silicon Valley today. After news that Facebook had bought FriendFeed, now come news that VMware has purchased SpringSource, an enterprise and Web application development and management cloud computing start-up. Here's the full press release : VMware to Acquire SpringSourceCompany Adds Modern Application Platform to Cloud Infrastructure Strategy PALO ALTO, Calif., August 10,...
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TechChuck (Free subscription) | 08/10/2009
Earlier today, rumors started to appear that FriendFeed had been acquired by Facebook. We now have confirmation that this is indeed true. Neither Facebook nor FriendFeed released any exact details about the acquisition yet, but we'll keep this story updated as we learn more details about this acquisition . According to a post by Bret Taylor on the FriendFeed blog, FriendFeed will continue to operate...
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atHome Top Story (Free subscription) | 08/10/2009
French advertising company Publicis Groupe SA has agreed to buy Microsoft Corp.'s digital advertising firm Razorfish as part of an effort to boost its share of advertising on the web, according to a joint statement released yesterday.
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SeekingAlpha.com (Free subscription) | 08/10/2009
Ron Haruni submits: Software giant Microsoft Corporation ( MSFT ), has agreed to sell its interactive ad agency Razorfish to French marketing group Publicis Groupe SA for $530 million in cash and stock. The agreement (.pdf) was announced on Sunday afternoon in Paris, France, where Publicis, one of the world’s largest advertising companies, is based. The french company, which beat WPP of Britain...
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Wall Street Pit (Free subscription) | 08/09/2009
Software giant Microsoft Corporation (NASDAQ:MSFT), has agreed to sell its interactive ad agency Razorfish to French marketing group Publicis Groupe SA for $530 million in cash and stock. The agreement was announced on Sunday afternoon in Paris, France, where Publicis, one of the world’s largest ...
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MSNBC.com (Free subscription) | 08/09/2009
French advertising company Publicis Groupe SA has agreed to buy Microsoft Corp.'s digital advertising firm Razorfish as part of an effort to boost its share of advertising on the Web.
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Seattle Times (Free subscription) | 08/09/2009
French advertising company Publicis Groupe SA has agreed to buy Microsoft Corp.'s digital advertising firm Razorfish as part of an effort to boost its share of advertising on the Web, according to a joint statement released Sunday.
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