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April 17, 2008 ( PowerHomeBiz
) - London, UK --
LogicServe
http://www.logicserve.com today announced that it has
acquired CK Net Limited
http://www.ck-net.com a paid-on-performance search and
affiliate marketing company based in London, UK.
(news continued below)
The acquisition of CK Net, which generated over £60 million worth of
sales for its blue-chip client base last year, will add a successful
paid-on-performance company to Logicserve's rapidly-growing portfolio of
search marketing agency clients. LogicServe manages online search campaigns
for over 200 mid-sized clients across the UK, Portugal, North America and
India, with over 50 staff in 4 offices worldwide.
“This acquisition enables LogicServe to accelerate its expansion into the
European search advertising market, says Rohit Chugh of LogicServe. “By
combining CK Net's proven paid-on-performance model with our existing
traditional agency services, we are excited to be able to offer our clients
a broad range of innovative search and affiliate advertising solutions,
delivered through a highly skilled team, certified processes and proven
proprietary technology.”
LogicServe intends to enhance CK Net's “Affilibid” search marketing
technology through active and ongoing development. Designed specifically for
retail and conversion-orientated clients, Affilibid optimises client
campaigns, generating the maximum volume of sales possible within a
specified budget. Affilibid provides a unique depth of insight into search
marketing campaigns, incorporating individual user behaviours into its
keyword pricing models.
“With its focus on innovative technology and high levels of personal
client service, LogicServe complements our business perfectly,” said
Christopher Kelly, founder of CK Net. “The acquisition instantly offers us
the manpower to fully utilize the great Affilibid technology that we've been
developing over the last 12 months, and I can't wait to see the results for
our clients. In addition, Logicserve's technical team will accelerate the
development of our new comparison and review site network, which we look
forward to releasing in 2008.”
Terms of the deal were not disclosed.
About LogicServe
LogicServe ( http://www.logicserve.com ) is emerging as
a leading player in the online marketing arena. Focusing on People,
Processes & Technology, LogicServe aims to deliver tangible business results
for its clients. With over 50 staff in 4 offices, LogicServe manages search
campaigns for over 200 mid-sized clients worldwide.
About CK Net Limited
With its origins dating back to 1998, CK Net
(http://www.ck-net.com) was founded by Christopher Kelly in 2003, while in
his first year as a medical student at Cambridge University. The company has
since grown significantly to run search and affiliate marketing campaigns
for an impressive range of blue chip clients. With a focus on developing
innovative optimization technology, CK Net aims to offer a superior service
for its client base.
Rohit Chugh
0207 993 9858
info@logicserve.com
Website: http://www.logicserve.com
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