WPP wants to purchase digital shop Big Spaceship, making an offer of $12.5 million in recent weeks, according to a source close to the situation.
Brooklyn, NY-based Big Spaceship has been in talks with WPP since October, according to the source. The deal is in due diligence stage, the source said.
Big Spaceship’s clients include Adobe, HBO, Skittles, Victoria’s Secret, Land’s End, and various other notable brands. The agency’s disciplines include brand strategy, web, mobile, social, games, and content.
WPP declined to comment, and Big Spaceship didn’t reply by press time.
The London-based holding company and its competitors remain keenly interested in the dwindling herd of independent digital agencies. In August 2011, WPP announced the purchase of Rogers, AR-based Rockfish Interactive, a month after ClickZ reported a deal was in the works in the neighborhood of $40 million.
WPP was also mum about a rumor that it’s considering a bid for MyWebGrocer. The Vermont-based e-commerce provider has dozens of supermarket chain clients, enabling web sales for thousands of locations. According to comScore, MyWebGrocer had 2.1 million U.S. unique visitors in February, up from 1.5 million during the same month in 2011.
Mother’s Day is big business for brands of all kinds. The National Retail Federation reports Americans spent upwards of $170 each on gifts ... read more
At ClickZ Live New York, we spoke with Hilton Worldwide's Melissa Walner about the brand's digital spend balance and the challenges of infrequent interaction.
There seems to be something new happening everyday in the world of virtual / augmented / mixed reality. Here are some recent developments bringing the artificial world closer to reality.