PARIS and MOUNTAIN VIEW, California, August 6 /PRNewswire-FirstCall/ --
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 service 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 in June. VivaKi leverages the
collective scale of Digitas, Starcom-MediaVest, Zenith-Optimedia and Denuo 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 130 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
a part of it,' said Eric Schmidt, Chairman and CEO of Google. 'We look
forward to working with Performics as a partner.'
Maurice Levy, 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 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.
Web Site: http://www.google.com
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.
Web Site: http://www.publicisgroupe.com
Contacts
Publicis Groupe
Peggy Nahmany, Corporate Communications
+33-(0)1-44-43-72-83
peggy.nahmany@publicisgroupe.com
Martine Hue, Investor Relations
+33-(0)1-44-43-65-00
Martine.hue@publicisgroupe.com
VivaKi
Cheri Carpenter
+1-312-446-9276
Cheri.carpenter@vivaki.com
Google
Andrew Pederson, Corporate Communications
+1-650-214-6228
andrewpederson@google.com
SOURCE Publicis Groupe Services and Google