Acquisition moves boost TradeDoubler

LONDON - The July acquisition of The Search Works by TradeDoubler, the digital marketing outfit, boosted the Sweden-based company's revenues by 77% during the third quarter.

TradeDoubler today unveiled its Q3 2007 financials, which show third quarter revenues rose to SEK 757.4m (£57m), compared to SEK 426.9m over the same period in 2006. Meanwhile gross profit during the quarter increased by 39% to SEK 166.2m.

The company noted that its acquisition, in July this year, of The Search Works and The Technology works contributed to the growth in addition to organic growth.

William Cooper, CEO, said: "TradeDoubler has further strengthened its market position through the acquisition of The Search Works and The Technology Works and it is encouraging to see this contributing towards TradeDoubler's overall success.”

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