Publicis to buy performics from Google

Performics a search marketing firm and formerly a part of Double click is now being sold to Publicis for an undisclosed amount. Industry experts had been debating about a potential buy out performics due to the conflict of interest of Google’s polices. Google has the policy Dont be evil and if they run performics many of the other companies will complain that performics customers will get a boost from Google.
Also Search Engine Experts believe if Google runs performics some employees in performics will learn the GOogle search ranking algorithm and this will make their life easier in ranking their client sites.

Washington post reports

“Publicis, which aims to generate 25 percent of its sales from the Internet by
2010, said it would acquire Chicago-based Performics Search Marketing from
Google for an undisclosed amount.
The unit will boost Publicis’s strategic
entity unveiled in June called Vivaki, aimed at spurring growth at its digital
advertising units such as Digitas and Zenith-Optimedia.
In a statement,
Publicis quoted the research house Jupiter Media saying the global search market
was worth an estimated $9.9 billion in 2008 and is projected to grow at 12
percent compound annual growth rate through 2012. “

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