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By Staff Report / Wednesday, April 23rd, 2014 / East Ventura County, Technology, Top Stories, Tri-County Economy / Comments Off on J.D. Power buys online marketing metrics firm Korrelate
Westlake Village-based J.D. Power has purchased Korrelate, an Orlando-based digital marketing company that measures consumers’ online behaviors and links them to offline sales activity. T
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By Staff Report / Thursday, February 20th, 2014 / Banking & Finance, Technology, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Connexity sold to Shopzilla
Ventura-based digital advertising firm Connexity has been purchased by Shopzilla, an online comparison shopping website out of Los Angeles, for an undisclosed sum.
The deal marks the first exit for a business that had operated out of the Ventura Ventures Technology Center, the city of Ventura’s startup incubator.
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By Stephen Nellis / Friday, February 14th, 2014 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on Conversant dials down on new ad strategy
Conversant will align all of its business units — including a new SET Media video unit that it acquired for $26 million in cash and $4 million in stock days after its name change — around the goal of direct conversations between advertisers and consumers.
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By Staff Report / Tuesday, February 11th, 2014 / Earnings, Technology, Tri-County Public Companies / Comments Off on Conversant beats expectations in Q4
Shares of Westlake Village-based Conversant gained sharply in after-hours trading on Feb. 11 as the company delivered profits that beat Wall Street’s expectations and announced big changes designed to lead to growth.
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By Staff Report / Monday, December 9th, 2013 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on ValueClick sells websites to About.com parent for $80M
Westlake Village-based online advertising firm ValueClick is selling its owned-and-operated websites to the parent company of Dictionary.com, Match.com, Ask.com and About.com. The aggregate purchase price was $80 million, according to a regulatory filing.
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By Stephen Nellis / Friday, November 15th, 2013 / East Ventura County, Features, Technology, Top Stories, Tri-County Economy / Comments Off on ValueClick reboots: Online advertising firm to sell assets, rename
The $1.6 billion Westlake Village-based digital advertising company has been under fire from investors — and trial attorneys — for its reliance acquisitions to produce revenue growth. It has also faced criticism of the steep losses it has taken on selling off business lines that didn’t work out.