Infosys Technologies has pulled off the biggest overseas acquisition by an Indian information technology outsourcing company with a £407.1m all-cash deal for UK-based consultancy Axon Group. The acquisition, which was supported by the Axon board and major shareholders, follows strong speculation that India’s powerful computer services firms would use their strong cash balances to make big acquisitions in Europe.
Sarita Jones, 26 August 2008
Glam Media has started using the big pot of money it raised earlier this year, announcing its first acquisition. It has bought out the London-based online ad sales rep company, Monetise, for an undisclosed sum. The UK company was founded three years ago, and sells ads for top sites in the UK,...
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Reiko Uchida, 17 June 2008
The impact of Social Networks is growing rapidly in the UK. Social networks now account for more than 5% of traffic and 20% of all page impressions in the UK, and younger users are more likely to use them than web-mail based services. Viral marketing campaigns are also likely to be dominated by...
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Michelle Wong, 25 February 2008
Guardian Unlimited, the Guardian Newspaper’s online presence continues to maintain its leadership amongst UK Newspaper Groups, attracting over 19 million unique users in January 2008. This bald statistic, however, belies the fact that 75% of these visitors were from outside the UK, which has...
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Uday Phadke, 11 January 2008
Online Advertising Expenditure in the UK is now the lead indicator for how online advertising will grow globally over the next 24 months. In 2007, Online Advertising in the UK accounted for nearly 15% of all Advertising Expenditure, overtaking both radio and direct mail expenditure.
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Simon Fox, 07 January 2008