WPP has announced that its wholly-owned operating company Salmon, a leading e-commerce agency, has acquired e-commerce specialists, Neoworks in the UK.
Salmon, a WPP Digital company, specialises in design, development, implementation and management of enterprise-scale multichannel systems for retailers, manufacturers and wholesalers.
Neoworks is based in London and specialises in the implementation of e-commerce sites using SAP's hybris technology. Its consolidated unaudited revenues for the year ended 31 March 2014 were £3.9m, with gross assets of £2.7m at that point.
This acquisition is part of WPP's strategy of developing the Group's capabilities in fast-growing sectors and markets and declared commitment to strengthening its digital capabilities across all disciplines, including e-commerce.
This article has been extracted from http://www.stockmarketwire.com/, please click on this link to read the article in full http://www.stockmarketwire.com/article/4883812/WPP-acquires-UK-e-commerce-specialist.html
Montash is a multi-award winning, global technology recruitment firm. Specialising in permanent and contract positions across mid-senior appointments which cover a wide range of industry sectors and IT functions, including:
ERP, BI & Data, Information Security, IT Architecture & Strategy, Energy Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.
With offices based in London, Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid-management in permanent and contract roles.