Tuesday, March 6, 2007

Avenue A Razorfish Buys Interactive Agency

Avenue A / Razorfish, a unit of Seattle-based aQuantive, announced today that it has acquired Duke, an independent interactive agency out of Paris. The deal is worth €6 million in cash plus an earnout arrangement from profits over the next three years. According to the firms Duke expects revenues of $12-$14M US for 2007. Duke provides online branding, strategy, marketing, and other services to clients such as Nissan, McDonald’s, Nike and Procter and Gamble.