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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.

posted rustybrick in Search Engine Industry News at August 10, 2006 11:01 PM Comments (1)

Comments

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

 

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