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WPP to Acquire Majority Stake in Cognifide

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WPP acquire majority stake in UK Digital Technology Consultancy, Cognifide

WPP to Acquire Majority Stake in Cognifide

WPP has agreed to take a majority stake in UK digital technology consultancy, Cognifide, with WPP Digital, the digital investment arm of WPP and Wunderman, the world’s largest digital agency network, taking equal stakes. 

Cognifide is a digital technology consultancy, specializing in Content Management and Digital Asset Management technology. It helps companies and brands build their capability through company-wide digital frameworks which create, manage and optimize measurable digital experiences with confidence and agility across all digital channels from web to mobile. Cognifide’s clients include Skype, Roche and Virgin Media, as well as some of the world’s leading companies from financial services, life sciences, media & entertainment, and retail. Founded in 2005, Cognifide has offices in London, Copenhagen, and Poznañ, Poland. 

The move bolsters WPP’s collective expertise and credentials in the marketing technology arena and affords clients of all companies the ability to more easily create, manage and deliver content over all online channels with real-time precision. Joining WPP will give Cognifide access to its global reach and full digital marketing capabilities. It will add greater value to Cognifide’s enterprise clients and provide a platform for the development of its own consulting service and technology offerings. 

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WPP, Mon, 24 Mar 2014 12:18:37 GMT