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ComScore Acquired Dutch Web Software

By: Manoj Jasra
2010-09-03

This past year has certainly been the year of acquisitions. First went Omniture, next Coremetrics, then Unica and now NedStat. comScore has acquired Dutch web software: NedStat, to unify their digital management platform.

Nedstat went at a price tag of over $36 million. This move by comScore further proves the importance of measurement in online strategy, furthermore as a part of of a holistic strategy which should include things like: voice of customer and competitive intelligence. comScore also purchased mobile company: Nexius earlier this year - another complimentary product to web .

Part of the Press Release below:

"The acquisition of Nedstat is another important step towards fulfilling our vision of making the Unified Digital Measurement platform the global standard for digital measurement," said Dr. Magid Abraham, comScore President & CEO. "In addition, our clients are asking for a new class of business applications to maximize the monetization of their audiences using the UDM data we already collect.

"We are excited to join forces with comScore, a recognized global leader in digital measurement," said Michael Kinsbergen, CEO of Nedstat. "comScore's 'Unified Digital Measurement' platform presents a compelling vision of the future of digital measurement, and we are eager to play a vital role in helping to make that vision a reality. We believe that Nedstat web can add substantial value for clients when combined with the existing comScore measurement platform."
Upon the acquisition, Nedstat became a wholly owned subsidiary of comScore. Mr. Kinsbergen will be helping in the transition and will continue to be involved by joining comScore's advisory board. In addition, Fred Appelman, Nedstat's Chief Technology Officer, and Michiel Berger, Nedstat's co-founder and Chief Innovations Officer, will join comScore in senior strategy and technology roles.

comScore believes that the Nedstat acquisition will contribute approximately $4 million of additional revenue for the remainder of 2010. comScore anticipates that due to transaction-related expenses and transaction-related accounting adjustments the transaction will be dilutive to 2010 GAAP and non-GAAP net income, but accretive to quarterly GAAP and non-GAAP net income within the first half of 2011.

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About the Author:
Manoj Jasra has been in the search marketing industry since 2002 with Enquiro Search Solutions. His role as the Director of Technology at Enquiro involves him developing strategic relationships with technology vendors, overseeing web and designing cutting edge solutions for clients. Manoj's background in software development and experience in search marketing/web gives him the ability to provide strategic consultation throughout the entire online marketing process.

Manoj's blog, Web World focuses on insight in Search Marketing, Blogging, Web and Technology; it is also one of the top read web blogs. You can frequently find Manoj's writing at popular marketing publications.


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