Vocus CMO: We've Got $100M In The Bank, Which Gives Us 'Ability To Look For Acquisitions'

It seems that everyone and their brother is trying to get into the PR services market as of late. One company that has been in the game since 1999 is PR software company Vocus (NasdaqGM: VOCS). CMO William R. Wagner told PRNewser today the company is “still growing” throughout 2009.

Vocus has approximately $100 million cash on hand (Vocus’ Q3 earnings show $100,650,000 to be exact), which gives the company “the ability to look for acquisitions,” he said.

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