Digital Media: Austin

Well I’ve been away for a while now. Grad school tends to take up a lot of time apparently. It was September since I posted something last. Now I’m back and my first post back is a doozy at least for me.

The company I currently work for, Springbox, was acquired by Viewpoint on Friday. The deal is set to close at the end of 2007. Selling price was roughly $5.5 million of mostly cash and some stock.

Viewpoint is a technology company based in New York that provides all sorts of interactive advertising solutions. The company also recently purchased Makos, another small full service ad agency here in Austin.

Here is the official press release.