Omnicom Takes Stake in Eisnor Interactive | Internet News

Omnicom Takes Stake in Eisnor Interactive

Written By
Pamela Parker
Pamela Parker
Apr 12, 2000
1 minute read

Ad giant Omnicom Group has added
another marketing firm to its portfolio of investments, with an agreement
on Wednesday to take a piece of Eisnor
Interactive
, which has made its business doing offline promotions for
online brands.


Financial terms of the deal weren’t disclosed.


The deal, besides providing Eisnor Interactive with money to grow, brings
the company into relationships with all of Omnicom’s (OMC) companies, including consumer marketing firm Merkley Newman Harty, with which Eisnor will
develop close ties. The two companies will partner on client work, as well
as for new business pitches in some cases.


“We’re lucky to be able to partner with them and looking forward to what
happens when they unleash their magic with some of our technology and
communications clients,” says Stephen Harty, managing director of Merkley
Newman Harty.


A relationship with Communicade, Omnicom’s digital media investment arm,
will also likely become significant for Eisnor Interactive, since the
smaller firm may be able to tap the Communicade companies for clients.
Communicade investments include Organic (OGNC), Razorfish (RAZF) and Agency.com (ACOM).


Eisnor Interactive’s clients include TheStreet.com, Staples.com, MessageMedia, About.com, CNET, Nickelodeon, MapQuest.com, Homeportfolio.com, Homeruns.com and Pseudo Programs.

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