Breaking: Ashes To Assets, LookSmart Acquires Syncapse

BY: 

Dave Forde
August 15, 2013

Let's Make A DealLooks like our tip and post was dead on, and the assets of Toronto-based Syncapse have been acquired by online search advertising network LookSmart Ltd.   The deal is being done through the court appointed Receiver MNP Ltd., who is also based in Toronto, and subject to court approval should go through next month.

“I am excited with the vision that Michael Onghai and the LookSmart team share for the future of internet marketing. This is a tremendous outcome, for Syncapse customers, as they get to work with a top-notch group with a bold vision for the future of marketing technologies, and carrying the Syncapse vision forward,” said Michael Scissions, Syncapse Founder. “I’m proud to see our partnership with over 400 brands in over a hundred countries have the opportunity to live on.”

LookSmart was founded in 1997 and one of the original online advertising companies to hit the market, the combination of a social media marketing agency such as Syncapse should make an interesting match.

Join your peers!

Get news, tips and other industry news delivered into your inbox for FREE!

Related Stories:

Dave Forde


Dave “The Connector” Forde has been involved in the marketing, public relations and technology industry across Canada for over 20 years in various sales and marketing roles, he launched The Connected One network of business sites which connects buyers to the right sellers. Profectio and PR In Canada covers news about the marketing and public relations industry each day helping professionals advance their career and businesses. He also serves as an advisor to a number of businesses across the country. Find Dave on LinkedIn and Twitter.


>