Media giant WPP has announced the purchase of the majority share in Direct.com, a leading provider of integrated marketing communications services, through its operating company RMG Connect Worldwide.
Direct.com’s reported revenues for the year ended 31 December 2004 were $8.5 million, with the company holding net assets of $0.7 million as at that date.
The acquisition of Direct.com enhances RMG Connect’s technological expertise and Hispanic market experience and continues WPP’s strategy of expanding its networks across fast-growing and important markets.