Information services group Experian has expanded its presence in Japan with the acquisition of an e-mail marketing company, Altovision.
Altovision was founded in 2000 and provides e-mail distribution, marketing consulting (including business-to-business marketing), creative design and technical support to more than 200 medium and large-sized clients in segments such as telecommunications, financial services, retail and healthcare.
Experian did not reveal how much it is paying for Altovision, but did say the acquisition would be funded from existing cash resources.
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
In the year to 30 June 2011, revenue for Altovision was around $6m and gross assets as at 30th June 2011 were in the region of $5m.
jh
-
RICS: Housing market continues to strengthen but 2025 could be challengingThe latest survey by the Royal Institution of Chartered Surveyors reports a resilient UK housing market, but warns of headwinds next year
-
Bitcoin price one of the most-asked questions on Alexa - here's how to buy the cryptocurrencyAccording to figures from Amazon, which cover September 2023 to November 2024, pop star Taylor Swift and Bitcoin were named among the most popular Alexa queries of 2024
