IQ News: Bits

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-USWeb Corp., Santa Clara, Calif., acquired CKS Group, Cupertino, Calif., in a stock swap valued at $355 million. The new firm will be named Reinvent Communications. CKS chairman and chief executive officer Mark Kvamme is chairman of the new agency. Also, Fergus O’Daly, president of CKS New York, announced he has left the firm to start a consultancy, Fergus O’Daly Associates.
-Western International Media confirmed it is purchasing a stake in Zentropy Interactive, both Los Angeles.

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