Monday, August 22, 2011

WPP Digital Picks Up Rockfish Interactive

http://www.clickz.com/clickz/news/2103153/wpp-digital-picks-rockfish-interactive

WPP Digital has acquired Rockfish Interactive, a rapidly expanding digital shop based in Rogers, AR. ClickZ reported on the potential deal in July.

Terms of the deal were not disclosed, though according to a source close to the negotiations, WPP's initial offer was about $40 million.

Rockfish was founded in 2006 and employs about 150 people. The shop has opened four new offices since 2009, including ones in Dallas and Cincinnati. Its clients include EA Sports, Cisco, Sam's Club, Walmart, White Cloud and Tyson Foods.

Mark Read, CEO of WPP Digital, praised Rockfish as "a smart company that understands how technology is changing communications and business" in a written release. He also indicated that WPP plans to maintain the Rockfish brand.