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NEW YORK Avenue A/Razorfish said it has purchased a small Australian interactive agency.
The Seattle-based shop, part of aQuantive, acquired Amnesia, a Sydney-based company offering Internet design and advertising services. The 8-year-old agency’s clients include Xbox, Ikea and Disney. It has about 25 employees.
AQuantive paid $3.7 million in cash for Amnesia, with the total purchase price contingent on Amnesia’s profitability over the next three years. Amnesia expects revenue between $2 million and $2.5 million for the rest of 2006, the agency said.
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