Publicis Groupe (EURONEXT Paris:FR0000130577) and Google (NASDAQ:GOOG)
announced today that Publicis Groupe has agreed to acquire the
Performics search marketing business (Performics) from Google.
Chicago-based Performics, one of the leading search marketing services
providers, helps to improve the performance of advertisers’
investments and maximize client campaign effectiveness. Its
profit-driving suite of marketing solutions includes Performics’
reporting platform, local platform, advanced market expertise and active
account management.
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.
“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,”
said Eric Schmidt, Chairman and CEO, Google. “We
look forward to working with Performics as a partner.”
Maurice Lévy, Chairman & CEO of Publicis
Groupe, commented, “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.”
The transaction is subject to customary closing conditions and is
expected to close in the third quarter of 2008.
About Publicis Groupe
Publicis Groupe [Euronext Paris: FR0000130577]
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 & 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.
For more information, visit www.publicisgroupe.com.
About Google Inc.
Google's innovative search technologies connect millions of people
around the world with information every day. Founded in 1998 by Stanford
Ph.D. students Larry Page and Sergey Brin, Google today is a top web
property in all major global markets. Google's targeted advertising
program provides businesses of all sizes with measurable results, while
enhancing the overall web experience for users. Google is headquartered
in Silicon Valley with offices throughout the Americas, Europe and Asia.
For more information, visit www.google.com.
Google is a trademark of Google Inc. All other company and product
names may be trademarks of the respective companies with which they are
associated.
Publicis Groupe
Peggy Nahmany, +33 (0)1 44 43 72 83
peggy.nahmany@publicisgroupe.com
or
Google
Andrew
Pederson, 650-214-6228
andrewpederson@google.com
or
VivaKi
Cheri
Carpenter, +1-312-446-9276
cheri.carpenter@vivaki.com