29th Mar 2007 15:08
WPP Group PLC29 March 2007 FOR IMMEDIATE RELEASE 29 March 2007 WPP GROUP PLC ("WPP") Lightspeed Research acquires Foresight in US WPP announces that its wholly-owned operating company Lightspeed Research, aglobal interactive data solutions provider to the marketing research industry,has acquired the business of Foresight International, Inc. ("Foresight") aspecialist in survey consulting. Founded in 1994, Foresight is based in Lake Zurich, Illinois and employs 37people. Clients include Citigroup, UTC, Enterprise, HCA and Cox Communications. Foresight's unaudited revenues for the year ended 31 December 2006 were US$7.2million, with gross assets at the same date of US$5.9 million. This investment continues WPP's strategy of developing its networks in fastgrowing markets and sectors. Contact:Feona McEwan, WPP + 44 (0)20 7408 2204www.wpp.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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