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Monday, 29 June 2009 - Microsoft to sell Razorfish: report | Technology |
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    Read more with google mobile : Microsoft to sell Razorfish: report | Technology |

      My Profile    Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Microsoft to sell Razorfish: report Mon Jun 29, 2009 8:42am EDT   Email | Print | Share | Reprints | Single Page [-] Text [+] NEW YORK (Reuters) - Microsoft has hired Morgan Stanley to sell Razorfish, its digital agency, and French marketing company Publicis Groupe SA is thought to be a possible bidder, the Financial Times said on its website late Sunday. Microsoft acquired the agency, formerly called Avenue A Razorfish, as part of its $6 billion takeover of aQuantive in 2007. The report cited an analyst valuing Razorfish at $600 million to $700 million, based on sales of about $400 million last year and profit margins for similar businesses of 12 to 13 percent. Publicis and Morgan Stanley were not immediately available for comment. Microsoft declined comment. Razorfish is one of the largest interactive advertising and marketing agencies, boasting a client list that includes McDonald's Corp, Starwood Hotels & Resorts, and Carnival Cruise Lines. Microsoft and VivaKi, the digital arm of Publicis, last week unveiled a broad cooperation deal to develop new content, improve marketing performance and better target digital advertising audiences. © Thomson Reuters 2009 All rights reserved   Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn     Next Article: Google CEO says worst of crisis is over     Also on reuters Worst could be over for Manhattan office market Controversial filter software faces tough sell in China Confused about fitness regimens? Poll tracks trends More Technology News Smartphones, social networks to boost mobile advertising China filter software faces tough sell in digital bazaar Telecom firms back standard phone charger in Europe Centenarians show it's never too late to tweet Supreme Court rejects appeal on Cablevision network DVR More Technology News... Editor's Choice Slideshow  A selection of our best photos from the past 24 hours.  Slideshow  Most Popular on Reuters Articles Video Chavez threatens military action over Honduras coup Jailed swindler Madoff goes to court to hear fate Michael Jackson's final hours puzzle doctor, family  |  Video Jackson family seeks normalcy for grieving kids Australian scientists kill cancer cells with "trojan horse" Leftist leaders rally around Honduran president  |  Video Travel Picks: World's 10 most legendary bars Michael Jackson leaves legacy, legal morass UPDATE 3-Argentine leader suffers sharp blow in vote Life after U.S. pullout brings worries for Iraqis Most Popular Articles RSS Feed Video  Iranians protest in Tokyo Berlusconi escort girl burgled Double bliss for wedding twins Fans pay tribute to Jackson Jackson's tangled finances Deadly building collapse in China Jackson's mother late night shopping US reverses Afghan drug policy Military coup ousts Honduran leader Iran police take on protesters Most Popular Videos RSS Feed We want to hear from you Join the Reuters Consumer Insight Panel and help us get to know you better Please take a moment to complete our survey Reuters.com:  Help and Contact Us  |  Advertise With Us  |  Mobile  |  Newsletters  |  RSS  |  Labs  |  Archive  |  Site Index  |  Video Index Thomson Reuters Corporate:  Copyright  |  Disclaimer  |  Privacy  |  Professional Products  |  Professional Products Support  |  About Thomson Reuters  |  Careers   International Editions: Africa  |  Arabic  |  Argentina  |  Brazil  |  Canada  |  China  |  France  |  Germany  |  India  |  Italy  |  Japan  |  Latin America  |  Mexico  |  Russia  |  Spain  |  United Kingdom  |  United States   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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