Razorfish Sold to SBI for $8.2 Million

Share this content:
Internet professional services firm SBI and Co. said Friday that it will acquire interactive services shop Razorfish Inc. for $8.2 million.


The deal, approved by both companies' boards of directors, is expected to close in the first quarter, pending shareholder approval. About 200 Razorfish employees will join SBI's 700-members staff. Razorfish has offices in New York, Boston, San Francisco, Silicon Valley and Los Angeles.


SBI said the deal will allow it to expand into more U.S. cities as well as grow its customer list.


"Razorfish's people, customer relationships, and service offerings are an excellent fit with SBI's business and solidifies our position as an industry leading professional services firm," said SBI president/CEO Ned Stringham.


Once considered a leading Web design firm, Razorfish at one time had a $2 billion market cap and 1,800 employees.


close

Next Article in Digital Marketing

Sign up to our newsletters

Company of the Week

PAN Communications is an award-winning integrated marketing and public relations agency for B2B technology and healthcare brands. PAN's data-driven approach allows the firm to specialize in public relations, social media, content and influencer marketing, and data and analytics. PAN partners with brands to create unique, integrated campaigns that captivate audiences.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above