Daniel Farey-Jones
Aug 23, 2011

WPP acquires US digital agency Rockfish Interactive

GLOBAL - WPP Digital, the digital arm of WPP, has agreed to acquire the assets of US digital agency Rockfish Interactive for an undisclosed sum.

Kenny Tomlin, CEO of Rockfish Interactive
Kenny Tomlin, CEO of Rockfish Interactive

Founded in 2006 and based in Rogers, Arkansas, Rockfish employs 150 people.

It provides strategic consulting, technology, mobile, design and digital marketing services to clients including Walmart, Sam's Club, Cisco, Procter & Gamble and EA Sports.

Rockfish's total assets as of June 20 2011 were US$4.7m.

WPP said in a statement that the acquisition continued its strategy of investing in fast-growing sectors and markets, and further strengthened its capabilities in the digital marketing sector.

It claims that digital, direct and interactive now account for about 30 per cent of its US$15 billion annual revenues and it has a target of 30 to 35 per cent over the next three to four years.

Last month, the group invested in US motorsport marketing agency Just Marketing International, becoming its third-biggest shareholder.

This article was first published on campaignlive.co.uk

Source:
Campaign Asia

Related Articles

Just Published

3 hours ago

Hindustan Unilever announces leadership changes, ...

The changes come as HUL reported a 6% decline in standalone net profit for the fiscal fourth quarter.

3 hours ago

Netflix reports strong Q1 growth but is it painting ...

Although Netflix has added almost 10 million new paid subscribers in early 2024, some experts believe advertising is quickly becoming the streaming giant’s long-term profitability plan, presenting a compelling opportunity for brands.

3 hours ago

Transphobic media organisations are alienating the ...

As part of Lesbian Visibility Week, the movement’s director says brands whose adspend drives the culture wars should expect to be shunned by the whole LGBTQIA+ community.

3 hours ago

Ogilvy launches health influencer marketing offering

Health Influence will combine Ogilvy PR’s global influencer team with experts from Ogilvy Health.