WPP GROUP PLC
16 August 1999
WPP acquires global television analysis software group
Strengthens position in media research
WPP Group plc ('WPP') announces on behalf of its global
media research network Kantar Media Research ('KMR') that it
has agreed to acquire the business of Steve Perry
Consultants and the entire issued share capital of SP
Consultants Inc, the UK and US-based group which supplies TV
analysis software systems ('SPC').
The software interests of KMR and SPC will be combined to
form a new division branded as KMR/SPC Software which will
provide a broader range of products in terms of software
writing, client service and technical support. Products
offered by the new division and currently used in over 45
markets worldwide include KMRs SuperMidas TV airtime
planning program and SPCs X-pert and ViewerGraphics, which
enable media agencies to target their investment effectively
and broadcasters to maximise their return on inventory in
television airtime.
The new division will concentrate on further enhancement of
TV planning systems as well as developing a complete range
of software across all media (including multimedia
evaluation tools). It will also enable greater focus to be
given to international software development alongside the
global expansion of the Target Group Index and other
research services within KMR.
SPC had net assets of £920,000 at 31 March 1999.
KMR represents the global media research interests of
Kantar, the parent company for WPPs information and
consultancy interests.
This investment continues WPPs strategy of developing its
information and consulting businesses through a combination
of acquisition and rapid organic growth.
Contact:
Feona McEwan at WPP London 44 171 408 2204
Richard Silman at KMR London 44 181 566 5000
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