TVNewser TVSpy LostRemote SocialTimes AllFacebook FishbowlNY FishbowlDC PRNewser 10,000 Words GalleyCat UnBeige MediaJobsDaily

IPG Makes Brazilian Investment

handshaker1.jpg

Interpublic Group (IPG) announced the acquisition of Sao Paulo-based CUBOCC, a digital agency that’s self-described as a “Monster Whatever Hotshop” on its Web site. Founded in 2004 by Roberto Martini, who we’ve been told has been a part of the digital marketing industry since 1995, CUBOCC currently houses 106 employees and counts Unilever as a major client. Case in point, check out the shop’s work for Axe including “Dark Temptation” as well as Rexona’s “Men Tuning Race”.

In a statement, IPG chairman/CEO Michael Roth says the CUBOCC investment will give the holding company greater foothold in the South American region. “They’ll add local expertise and great digital credentials in a dynamic market to the IPG roster and further strengthen our various agencies’ ability to service clients and provide best-in-class digital strategy in an increasingly important part of the world.”

Financial terms of the deal were not disclosed.

More: “IPG Picks Nick Brien to Succeed John Dooner as McCann Worldgroup CEO, Launches Creative Technology Unit

Mediabistro Course

Management 101

Management 101Become a better manager in our new online boot camp, Management 101! Starting October 27, MediabistroEDU instructors will teach you the best practices for being a manager, including, how to transition into a management role, navigate different team personalities and more! Register before September 30 to get $50 OFF with early bird pricing. Register now!