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IBM buys internet marketing firm Silverpop

IBM is set to take over internet marketing company Silverpop, which specialises in marketing messages based on real-time online activities.

IBM is buying internet marketing firm Silverpop to enhance its portfolio of services for businesses out to target potential customers.

The technology veteran did not disclose financial terms of the deal to acquire Atlanta-based Silverpop, which specialises in pinpointing marketing messages based on real-time online activities from Web surfing to mobile device use or social networking.

"By engineering a solution that uniquely delivers personalisation through automation, our team has solved one of the most complex challenges facing marketers today," Silverpop chief executive Bill Nussey said in a release on Thursday.

Better targeted marketing translate into less annoying 'spam' messages, IBM reasoned.

Silverpop and its easy-to-use tools will be added to IBM's suite of software offered as services in the internet "cloud".

The take-over, if approved by regulators, was expected to be completed by mid-year.


1 min read

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Source: AAP


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