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.
-
Which UK region has the most in savings? Average savings by areaThe amount people have in their savings differs from region to region in the UK. How does your nest egg compare to those living nearby?
-
Doug and Mary Perkins: Specsavers’ clear-sighted foundersHelped by the deregulation of the sector in the 1980s and brilliant advertising, Mary Perkins and her husband Doug have taken Specsavers to the top of the optometry market
