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Indian Ad Holding Company Ybrant Buys Europe’s Oridian

By David Kaplan - Thu 06 Dec 2007 04:55 PM PST

Digital marketing firm Ybrant Technologies has bought Oridian, an online ad agency headquartered in Europe with offices in the U.S. and Latin America. Financial terms were not disclosed. Our sister site, ContentSutra reports that the acquisition was made for roughly $13 million. Release

Based in Hyderabad, India, Ybrant operates as a holding company with a focus on search marketing agencies. In October, M. Suresh Reddy, chairman and managing director of Ybrant, told the Business Standard that the company had signed letters of intent to acquire two unidentified American companies; the piece cited an unidentified source as estimating that the acquisitions would be in the $5- to $10 million range. 

Posted in: Advertising, Countries, Asia, India, UK & Europe, VC+M&A

Tags: ybrant technologies, oridian,


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3 Responses:
  • From Dave Thu 06 Dec 2007 06:02 PM

    Considering some of the prices that companies in North America have been paying this deal might be one of the best of the year.

  • From ASSOCIATE FINANCE Sat 08 Dec 2007 02:58 AM

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  • From ASSOCIATE FINANCE Sat 08 Dec 2007 03:04 AM

    are you behind on your payments, do you have bad credict,d0 you need money for an investment o you need money for a personal reason , we can help .fast approval within 1 hour, easy application process. contact us via email.

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