Acquisition

WPP Group PLC 26 July 2000 WPP GROUP PLC ('WPP') J. Walter Thompson Company acquires Imagio Technology Advertising and Public Relations WPP announces the acquisition by its wholly owned operating company, J. Walter Thompson Company ('JWT'), of the entire issued share capital of Imagio Technology Advertising and Public Relations ('Imagio'), a full service agency based in Seattle, Washington, US. Imagio provides advertising, public relations and interactive web development services to clients in the technology sector. The agency, which had revenues in 1999 of $6.7 million and net assets of $1 million as at 31 December 1999, will be renamed Imagio/JWT. Founded in 1993, Imagio has over 30 technology clients, mostly in the Puget Sound region and in California's Silicon Valley. These include AtomFilms, SEASONTICKET.com, Attachmate Corporation, Biztro, Cambridge Silicon Radio and Spacelabs Medical. The acquisition further strengthens WPP's position in the rapidly growing hi-tech sector. For more information, please contact: Feona McEwan, WPP 44 207408 2204 www.wpp.com

Companies

WPP (WPP)
UK 100

Latest directors dealings