More NewsAgency.com Acquires All of Online Magic

Agency.com Acquires All of Online Magic

New York City-based Agency.com in New York said that it hasacquired the shares of Online Magic that it did notalready own. Financial terms were not disclosed.

New York City-based Agency.com in New York said that it has acquired the shares of Online Magic that it did not already own. Financial terms were not disclosed.

Online Magic, an online services company with offices in London and New York, was already majority owned by Agency.com. Online Magic, with 90 employees working for clients like General Motors and Hewlett-Packard, will become an autonomous subsidiary of Agency.com, which has 130 employees working for clients like American Express and Texaco.

Eamonn Wilmott, 35, will continue as managing director of Online Magic in London, according to a New York Times report on the deal. Andy Hobsbawm, 34, president of Online Magic in New York, will relocate to London as chief creative officer for Europe.

Related Articles

GDPR: The role of technology in data compliance

Data & Analytics GDPR: The role of technology in data compliance

3w Clark Boyd
What companies can learn from the We-Vibe lawsuit about the Internet of Things

Legal & Regulatory What companies can learn from the We-Vibe lawsuit about the Internet of Things

8m Al Roberts
Has advertising arrived on Google Home?

Media Has advertising arrived on Google Home?

8m Al Roberts
Is Twitter slowly dying?

More News Is Twitter slowly dying?

9m Al Roberts
FedEx launches fulfillment service to take on Amazon

Ecommerce FedEx launches fulfillment service to take on Amazon

9m Al Roberts
Target is the top retail digital marketer, so why is it struggling?

Ecommerce Target is the top retail digital marketer, so why is it struggling?

8m Al Roberts
YouTube is "on pace to eclipse TV" thanks to savvy algorithm use

More News YouTube is "on pace to eclipse TV" thanks to savvy algorithm use

9m Al Roberts
YouTube is getting rid of 30-second unskippable pre-roll ads

Ad Industry Metrics YouTube is getting rid of 30-second unskippable pre-roll ads

9m Al Roberts