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Congratulations to Richard Conway
on selling Shopping.net for 13.3 Million USD
exmoorbeast




msg:3179354
 11:48 pm on Dec 5, 2006 (gmt 0)

ValueClick Inc., a digital marketing services company, said Monday it bought Shopping.net, a privately held operator of comparison shopping and search Web sites in Europe, for $13.3 million in cash.

London-based Shopping.net, which owns 27 sites, will be integrated into ValueClick's European arm, the company said.

The company said Shopping.net is expected to generate about $4 million in sales for calendar 2006. Its contribution to ValueClick's results for the current quarter is expected to be immaterial, the company said.

--------------------

Nice one fella. Fortune favours the brave!

 

IanTurner




msg:3179710
 8:11 am on Dec 6, 2006 (gmt 0)

I think that is a well timed business deal. Congrats to Richard.

exmoorbeast




msg:3181168
 10:44 am on Dec 7, 2006 (gmt 0)

This is a great British success story and should be right up there on the Headline page, Business Week seemed to think so. Value Click is really a company to watch, and they are making all the right noises.

shorebreak




msg:3187698
 5:37 pm on Dec 13, 2006 (gmt 0)

Exmoorbeast,

Your comment on Valueclick is interesting. Can you expand a bit more on them?

-shorebreak

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