8th Mar 2007 09:05
WPP Group PLC08 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 mediainvestment management network, has acquired 75% of the share capital of QuismaGmbH ("Quisma"), a leading German performance marketing agency, specialising inkeyword 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 15.4million with gross assets at the same date of EUR 6.5 million. Clients includeExpedia, AutoScout24, Delticom, hotels.com and Vodafone. This investment continues WPP's strategy of developing its networks in importantmarkets 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 ExchangeRelated Shares:
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