ValueClick, Inc. VCLK today announced the divestiture of Search123,
its self-service paid search business operating in Europe.
“Search123 has been a small business for us and does not fit with our
long-term strategy. Its divestiture allows us to focus on our significant
growth initiatives as we build out an integrated solution to help digital
marketers drive multi-channel brand engagement and customer acquisition
through one strategic partner,” said James R. Zarley, chief executive officer
of ValueClick. “As our updated third quarter outlook illustrates, we expect
another solid quarter of financial performance, with all segments generating
growth in-line with our prior expectations.”
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