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Google's Performics, to be Acquired by Publicis 

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by TechPad Agency 8/12/08 Rating: 

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Publicis Groupe, communications group, has agreed to acquire Performics search marketing business from Google, expected to close in the third quarter of 2008.
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Paris, France - (Cheap Web Hosting Directory) - August 12, 2008 - Publicis Groupe, communications group, has agreed to acquire Performics search marketing business from Google, expected to close in the third quarter of 2008.

Performics earch marketing service provider, assists the improvement of advertisers' investment performance, to maximize client campaign effectiveness. Its profit-driving suite of marketing solutions includes Performics' reporting platform, local platform, advanced market expertise and active account management.

Eric Schmidt, Chairman and CEO, Google noted, ''Publicis Groupe has been a leader in the advertising industry for decades, and we believe Performics' growing business will benefit from being part of it. We look forward to working with Performics as a partner.''

The acquisition of Performics will enrich Publicis Groupe's strong search capabilities and strengthen the offering of the VivaKi Nerve Center, a new strategic entity launched by the Groupe last June. VivaKi leverages the collective scale of Digitas, Starcom-MediaVest, Denuo and Zenith-Optimedia to develop new services, tools and partnerships, including new and emerging performance marketing platforms. The VivaKi Nerve Center includes a number of performance marketing assets, including Phonevalley, Webformance, Click2Sales and iBase. The addition of Performics will deliver a full and enhanced suite of performance marketing tools and capabilities to Publicis Groupe agencies and their clients.

Launched in 1998, Performics now employs nearly 200 search marketing specialists with employees in Chicago, San Francisco, New York, London, Hamburg, Sydney, Singapore and Beijing. The business will report into Curt Hecht, President of the VivaKi Nerve Center.

Performics will position Publicis Groupe and its clients to capitalize on the increasingly profitable search spending market. According to Jupiter Media, the search market represented an estimated $9.9BN in 2008 and is projected to grow at a 12% compound annual growth rate through 2012. Performics has over 150 search engine marketing (SEM) clients, representing over 200 top global brands.

Maurice Levy, Chairman and CEO of Publicis Groupe noted, ''The acquisition of Performics will position the Groupe for significant growth by delivering a broad portfolio of clients into our operations. Performics will also bring widely-recognized talent and capabilities that can be embedded into the client teams inside Digitas, Starcom MediaVest Group and ZenithOptimedia. Not only will this acquisition bring critical mass to Publicis Groupe's formidable Search capabilities, but it will also enhance our affiliate marketing and overall performance marketing offering.''

Publicis Groupe is the world's fourth largest communications group. In addition, it is ranked as the world's second largest media counsel and buying group, and is a global leader in digital and healthcare communications. With activities spanning 104 countries on five continents, the Groupe employs approximately 44,000 professionals. The Groupe offers local and international clients a complete range of communication services, from advertising through three autonomous global advertising networks, Leo Burnett, Publicis, Saatchi and Saatchi and two multi-hub networks, Fallon and 49%-owned Bartle Bogle Hegarty; to media consultancy and buying, through two worldwide networks, Starcom MediaVest Group and ZenithOptimedia; interactive and digital marketing led by Digitas; Specialized Agencies and Marketing Services offering healthcare communications, corporate and financial communications, sustainability communications, shopper marketing, public relations, CRM and direct marketing, event and sports marketing, and multicultural communications.

With the largest index of websites available on the World Wide Web and the industry’s most advanced search technology, Google Inc. delivers the fastest and easiest way to find relevant information on the Internet. Google's technological innovations have earned the company numerous industry awards and citations, including two Webby Awards; two WIRED magazine Readers Raves Awards; Best Internet Innovation and Technical Excellence Award from PC Magazine; Best Search Engine on the Internet from Yahoo! Internet Life; Top Ten Best Cybertech from TIME magazine; and Editor's Pick from CNET. A growing number of companies worldwide, including Yahoo! and its international properties, Sony Corporation and its global affiliates, AOL/Netscape, and Cisco Systems, rely on Google to power search on their websites. A privately held company based in Mountain View, California, Google's investors include Kleiner Perkins Caufield Byers and Sequoia Capital.

To learn more about Publicis Groupe, please visit: www.publicisgroupe.com.

For more information, visit www.google.com.


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