Nielsen to Acquire Remaining Interest in BuzzMetrics; Will Merge Internet/Online Operations to Create 'Fully Integrated Suite of Services'
My news for Investors
NEW YORK and HAARLEM, the Netherlands, April 30 /PRNewswire/ -- The
Nielsen Company, a leading global information and media company, and
BuzzMetrics, the global leader in tracking and analysis of online consumer-
generated media, today announced that Nielsen and the other stockholders of
BuzzMetrics have agreed in principle to a transaction under which Nielsen,
which already owns approximately 58 percent of BuzzMetrics, would acquire
the remaining BuzzMetrics shares it does not currently own.
Financial terms were not disclosed. The transaction is expected to be
completed by the end of May 2007. Nielsen has been involved with
BuzzMetrics since January 2005, and took a majority position in February
2006.
Earlier this year, Nielsen announced it had entered into a merger
agreement with NetRatings, Inc. (Nasdaq: NTRT) under which Nielsen, which
already owns approximately 60 percent of NetRatings, would acquire the
NetRatings shares it does not currently own. That transaction, subject to
NetRatings stockholder approval, is expected to be completed in the second
or third quarter of this year.
Upon completion of the BuzzMetrics and NetRatings transactions,
Nielsen's premiere Internet information services -- which are marketed as
Nielsen//NetRatings and Nielsen BuzzMetrics -- will be consolidated into a
single service unit. The new service will be led by Itzhak Fisher,
Executive Chairman of BuzzMetrics. As Executive Chairman of the new
service, Mr. Fisher will continue to report to David Calhoun, Chairman and
CEO of The Nielsen Company.
"NetRatings and BuzzMetrics are recognized as the two leading providers
of insight about consumer behavior online," said David Calhoun, Chairman
and CEO of The Nielsen Company.
"By acquiring 100 percent of these world-class brands, Nielsen can
provide our clients with unrivaled understanding of consumer behavior in
this space," added Calhoun. "More broadly, we can provide our clients with
even more insightful information when Internet/Online consumer usage is
combined with what products and services consumers buy (ACNielsen), what
consumers watch on television (Nielsen Media Research), and what books,
films, audio and video usages consumers interact with across multiple
platforms. Providing a fully integrated suite of services will enable
Nielsen to provide clients with unprecedented insights they need to grow
their businesses."
About The Nielsen Company
The Nielsen Company is a global information and media company with
leading market positions and recognized brands in marketing information
(ACNielsen), media information (Nielsen Media Research), business
publications (Billboard, The Hollywood Reporter, Adweek), trade shows and
the newspaper sector (Scarborough Research). The privately held company has
more than 42,000 employees and is active in more than 100 countries, with
headquarters in Haarlem, the Netherlands, and New York, USA. For more
information, please visit http://www.nielsen.com.
About NetRatings
NetRatings, Inc. (Nasdaq: NTRT) delivers leading Internet media and
market research solutions, marketed globally under the Nielsen//NetRatings
brand. With high quality, technology-driven products and services,
Nielsen//NetRatings is the global standard for Internet audience
measurement and premier source for online advertising intelligence,
enabling clients to make informed business decisions regarding their
Internet and digital strategies. The Nielsen//NetRatings portfolio includes
panel-based and site- centric Internet audience measurement services,
online advertising intelligence, user lifestyle and demographic data,
e-commerce and transaction metrics, and custom data, research and analysis.
For more information, please visit http://www.nielsen-netratings.com.
About Nielsen BuzzMetrics
The Nielsen BuzzMetrics service, marketed by BuzzMetrics, Inc., is the
global standard in measuring consumer-generated media and word of mouth.
Nielsen BuzzMetrics helps more than 100 leading global companies interpret
and leverage the buzz surrounding clients such as Canon, Comcast, Ford,
General Motors, HBO, Kraft, Microsoft, Nokia, P&G, Sony, Target and Toyota,
as well as the top 15 pharmaceutical concerns. Other clients include the
world's largest marketing-services firms, and innovative new-marketing
agencies. The company has also collaborated with distinguished research
organizations such as the Pew Internet and American Life Project.
BuzzMetrics, Inc. is a subsidiary of The Nielsen Company, owner of such
renowned research names as ACNielsen and Nielsen Media Research. For more
information, visit http://www.nielsenbuzzmetrics.com.
Forward-looking Statements
This communication contains "forward-looking statements" which
represent the current expectations and beliefs of management of Nielsen
concerning the proposed acquisition of BuzzMetrics and other future events
and their potential effects on Nielsen and BuzzMetrics. The statements,
analyses, and other information contained herein relating to the proposed
acquisition, as well as other statements including words such as
"anticipate," "believe," "plan," "estimate," "expect," "intend," "will,"
"should," "may," and other similar expressions, are "forward-looking
statements" under the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are not guarantees of future results and
are subject to certain risks and uncertainties that could cause actual
results to differ materially from those anticipated. Those factors include,
without limitation: (1) whether a definitive stock purchase agreement is
signed by Nielsen and the other stockholders of BuzzMetrics; (2) the
satisfaction of the other conditions specified in the purchase agreement;
(3) the ability to successfully combine the businesses of Nielsen and
BuzzMetrics and BuzzMetrics and Nielsen NetRatings; (4) operating costs and
business disruption following the acquisition, including adverse effects on
relationships with employees; (5) changes in the stock market and interest
rate environment that affect revenues; (6) diversion of management time on
acquisition related issues; (7) control and retention of key employees upon
announcement of the proposed acquisition and following closing; (8) general
economic conditions such as inflation; and (9) general political and social
conditions such as war, political unrest and terrorism.
SOURCE The Nielsen Company
Back to top