Search Engine Marketing Firm iProspect Acquires Range Online Media
Leader in search engine marketing expands U.S. scale, vertical specialties and service line
BOSTON, MA, September 11, 2008 iProspect®, the Original®
Search Engine Marketing Firm, today announced that it has acquired privately
held Range Online
Media, a leading search and interactive marketing agency with a world-class
client roster that includes Calvin Klein, Macys.com, Toshiba, The Sundance
Channel, Hermes of Paris, Burberry, and Neiman Marcus.
The acquisition is a key part of iProspect's strategy to extend its leadership position
in the search engine marketing arena. This deal increases iProspect's scale in the U.S.
by more than 60 employees, bringing the agency's U.S. employee base to over 230. iProspect
will also be adding Range Online Media's vertical expertise in the luxury retail, travel,
and hospitality sectors, as well as its flourishing display advertising and emerging
media businesses to its recognized expertise in paid search and search engine optimization.
iProspect, a subsidiary of Aegis North America and member of its Isobar network of
best of breed digital marketing agencies, has established the iProspect brand in 21
offices and a total of 17 markets worldwide.
"Bringing the Range Online Media team into the iProspect family is a perfect fit on
many levels, from our shared commitment to client relationships and world-class
customer service to our established histories of industry leadership," said Robert
Murray, president, iProspect. "Our respective client bases represent the most sophisticated
and demanding online marketers in the world, and our combined expertise and technology
leadership will serve as the core of a search marketing firm without rival."
Range Online Media was recently named for a second consecutive year to the Inc.
5,000 list of fastest growing private companies in America and to AdAge's top 25
search agencies. The firm also garnered the "Most Innovative Search Engine Optimization
Campaign" Award at the first annual Search Engine Strategy Awards last month, where
iProspect took home honors for the "Best BtoB Search Engine Marketing Campaign." Misty
Locke, co-founder and president of Range Online Media, was also recently elected to
the board of directors for Shop.org. Beyond the industry recognition, technology
solutions and long history of leadership, iProspect will add to its Boston, San
Francisco and Chicago offices a significant presence in the southeast, with Range
Online Media's Fort Worth, Texas headquarters.
"Becoming a part of the iProspect and Aegis Media Americas organization is a source
of pride for the Range Online Media team," said Locke. "We have, for years, had a great
deal of respect for the iProspect team from a competitive standpoint, and we appreciate
their work and expertise. Since 2001, we have been focused on offering our clients
unprecedented customer service, innovative campaigns and fiscal accountability. We have
extremely high standards at Range and it shows in our work and through our
clients' success. iProspect is one of the only agencies in the business that I believe
has comparable standards of excellence. So, joining forces with iProspect, and utilizing
each group's strengths, will only further our ability to drive forward our
customers' businesses."
Clients of iProspect and Range Online Media will continue to be serviced by the staff
and office locations to which they are accustomed. New clients will have the opportunity
to be serviced out of the geographic location of their choice or where the agency's vertical
expertise best suits their needs.
For the time being it will be business as usual for both iProspect's and Range Online
Media's clients, while the transition of two companies into one gradually takes
place. Misty Locke will continue to serve as the president of Range Online Media, but
will assume the new role of chief strategy officer of iProspect. Over time the Range
Online Media brand will be carefully and strategically assimilated into the iProspect
brand but at a pace that does not jeopardize either firm's relationships with, or
ability to service, its clients.
"Aegis Media and our Isobar global network certainly have a track record
as world leaders when it comes to recognizing client demand for, and investing in, search
marketing services. When we bought iProspect back in 2004, we knew we were acquiring the
crown jewel of the search marketing industry, and since that time the agency has
continued to dominate this space. With its acquisition of Range Online Media, the
scale of iProspect's U.S. search offering has increased, and the breadth and depth of
its service offerings has been enhanced. Along with the launches of multiple iProspect
offices in Europe and Asia-Pacific over the last year, this acquisition further
demonstrates the continued leadership and growth of the iProspect brand," said Sarah
Fay, CEO, Aegis Media North America.
With offices in Watertown,
Massachusetts, San Francisco, California, and Chicago, Illinois, as well as global search engine marketing offices, iProspect can be contacted at 18005221152, or by visiting www.iprospect.com.
Range Online Media is a leading search and interactive marketing
agency that delivers measurable success through comprehensive, online
marketing services, including paid search marketing, search engine
optimization (SEO), online media placement and emerging media, strategic
planning, performance optimization and more.
We currently offer strategic leadership and campaign management services
to Cole Haan, Bergdorf Goodman, Accor Hotels North America, L'Occitane en
Provence, The Container Store, Wyndham Hotels & Resorts and many other
smart clients. We were proud to have been named to the 2007 and 2008 top 25
search marketing agencies in America by AdAge and to Inc. Magazine's
Inc. 5,000 list of fastest growing private companies in 2007 and 2008. Range
has also received the highest average client satisfaction rating in the paid
search industry by Jupiter Research for the last four consecutive years.
Range is headquartered in Texas and has offices in New York and Utah. Please
visit our website at
www.RangeOnlineMedia.com.
CONTACT:
Sarah Engel
Vice President Marketing and Communications
Range Online Media
817.665.2135 sarah@rangeonlinemedia.com