Additional Information


Content

WPP buys Red Dot Square Solutions

LONDON - WPP has acquired virtual reality market research firm Red Dot Square Solutions, a specialist that helps retailers study in-store shopper behaviour.

Share this article

The acquisition, the value of which is undisclosed, will see WPP house the research firm within WPP's research division, Kantar and was negotiated ahead of the marketing group's purchase of research giant TNS.

Red Dot Square's clients include major multiples Tesco, Safeway, Wal-Mart, and it works collaboratively with FMCG groups such as General Mills, Kimberly-Clark, Sara Lee and Unilever.

In 2008 Red Dot Square generated unaudited revenues of £6.1m and had gross assets worth £3.8m.

Red Dot Square was founded in 2006 by its current president, Mark Edwards, and employs 60 people. It is based in the UK and has an office in Chicago in the US.

The firm uses real-time store information to conduct research into consumer behaviour.

 

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Additional Information

Latest jobs Jobs web feed

Back to top ^