General Atlantic, a private equity firm, has agreed to acquire a majority stake in AKQA, a San Francisco interactive marketing company, from Francisco Partners.
News reports have quoted an asking price of between $200 and $250 million, though details were not released.
More here at the WSJ (sub required).
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more