901am

New Media News Every Morning

  • Home
  • 901am Japan
  • About Us
  • Advertise at 901am

TheStreet.com buys Corsis, Promotions.com, for $20.7M

February 10, 2023 By Rhiza Sanchez

CorsisTheStreet.com announced today its acquisition of Corsis, a leading provider of advertising, marketing, and publishing solutions, for approximately $20.7 million. This acquisition also includes Promotions.com, an online promotions company that develops interactive advertisements for some of the most popular brands we know.

“Advertisers are asking for more than search and banner campaigns,” said Thomas J. Clarke Jr., chairman and chief executive officer of TheStreet.com. “The acquisition of Corsis and Promotions.com will address our advertisers’ demand for more integrated marketing campaigns that are being requested of all publishers. This acquisition will provide us with a robust technology platform, setting the foundation for the integration of future acquisitions, and we expect that it will allow us to expand our gross margins.”

TheStreet.com has been known to provide financial commentary, analysis, research and news and is looking towards expanding its advertising offers.

Originally posted on August 3, 2007 @ 12:19 am

Filed Under: Advertising

Browse

Copyright © 2023 901am · Log in