Aegis, the FTSE 250 media marketing firm, said it was bolstering its Singapore operation with the purchase of digital agency The Upper Storey (TUS).
The agency will become part of Aegis' Isobar communications network and will be rebranded as TUS Isobar, the company said.
The terms of the deal were not disclosed but TUS's gross assets as of 31 October 2011 were £0.5m.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
TUS has three divisions: The Upper Storey, which focuses on strategy and digital marketing, Mofuro, its motion graphics, 3D and experience design production arm, and Studio TUS, the group's production and technology division.
The firm's clients include Microsoft, American Express, Intel, Daimler, Dell, Draeger, UOB, Mediacorp, NOL and Como Hotels and Resorts.
-
Christmas at Chatsworth: review of The Cavendish Hotel at BaslowMoneyWeek Travel Matthew Partridge gets into the festive spirit at The Cavendish Hotel at Baslow and the Christmas market at Chatsworth
-
Tycoon Truong My Lan on death row over world’s biggest bank fraudProperty tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
