PR Web Sold for $28 Million to Vocus
PR Web, well-known in out industry for serving up the press releases for SEO-PR.com and many other SEO firms, has been sold to Vocus. Brett Tabke posted a thread at WebmasterWorld stating, "one of the long time Press Release services was sold on monday for a reported $28million."
Brett links to a Washington Business Journal article that says;
Vocus is paying $28 million in cash and stock for a company that develops technologies to help clients get their news to journalists and to the top of search engines.Lanham-based Vocus, which make software for corporate communications and public relations, has acquired PRWeb of Ferndale, Wash., for $20.8 million in cash and 494,543 shares of Vocus stock.
Congrats PR Web and forum discussion at WebmasterWorld.
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rustybrick in Search Engine Industry News at August 10, 2006 11:01 PM
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It warms the heart to read all of the support we have in the community. We are not going anywhere. I am staying on as CEO and our staff is staying. Thanks to all of our loyal supporters for helping advance our message.
David McInnis
CEO, PRWeb
Posted by David McInnis at August 11, 2006 01:49