WPP Group PLC
08 March 2007
FOR IMMEDIATE RELEASE 8 March 2007
WPP GROUP PLC ("WPP")
GroupM acquires Quisma in Germany
WPP announces that its wholly-owned operating company GroupM, the leading media
investment management network, has acquired 75% of the share capital of Quisma
GmbH ("Quisma"), a leading German performance marketing agency, specialising in
keyword advertising, affiliate marketing and search engine optimisation.
Founded in 2001, Quisma is based in Munich, Germany and employs 29 people.
Quisma's unaudited revenues for the year ended 31 December 2006 were EUR 15.4
million with gross assets at the same date of EUR 6.5 million. Clients include
Expedia, AutoScout24, Delticom, hotels.com and Vodafone.
This investment continues WPP's strategy of developing its networks in important
markets and sectors and strengthening its capabilities in digital media.
Contact:
Feona McEwan, WPP T: 44-20 7408 2204
www.wpp.com
This information is provided by RNS
The company news service from the London Stock Exchange
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