The World: London - WPP acquires stakes in three comms companies

WPP is expanding its global reach with the announcement of new investments in the US, South Africa and Vietnam.

With Sir Martin Sorrell, WPP's chief executive, insisting marcoms groups must branch out beyond their traditional expertise, the company has reached a collaboration agreement with the US web-analytics company Omniture, in which it has invested $25 million.

At the same time, it has acquired a 49 per cent stake in The Jupiter Drawing Room in Johannesburg, Africa's largest independent agency group. The third deal involves Smart Media, the Vietnamese marketing communications company, in which WPP is taking a 20 per cent share.

Become a member of Campaign from just £46 a quarter

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk ,plus get exclusive discounts to Campaign events

Become a member

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now

Partner content

Share

1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).