Netratings buys Jupiter Media Metrix and interest in eRATINGS.
NetRatings is a provider of Internet audience measurement information and analysis. It covers Internet and new technology research areas, including Internet audience and advertising measurement and analyst research services. It reported revenue of $20.4 million for the year ended Dec. 31, 2000. Jupiter Media Metrix provides Internet and new technology analysis and measurement. Jupiter reported pro forma revenue of $142.8 million for fiscal year 2000.
Under terms of the Jupiter deal, Jupiter stockholders may elect to receive 0.149 NetRatings shares or $1.95 in cash in exchange for each Jupiter share. The agreement provides that no more than 50% nor less than 30% of the deal's value will be paid in cash.
Currently, ACNeilsen eRatings, an Internet audience measurement company with operations outside the U.S., is a joint venture 80.1% owned by ACNeilsen and 19.9% owned by NetRatings. After the deals have closed, VNU will retain up to 57% ownership of all outstanding or diluted shares of NetRatings.
|Printer friendly Cite/link Email Feedback|
|Comment:||Netratings buys Jupiter Media Metrix and interest in eRATINGS.|
|Article Type:||Brief Article|
|Date:||Oct 31, 2001|
|Previous Article:||Fawcette Technical Publications.|
|Next Article:||Lexisnexis Group acquires Courtlink Corp.|