Publicis acquires Lotame to enhance data capabilities
Publicis acquires Lotame to enhance data capabilities

Publicis acquires Lotame to enhance data capabilities

News summary

Publicis Groupe has announced its acquisition of Lotame, a leading independent identity solution provider, aiming to enhance its data management capabilities through integration into its targeted marketing unit, Epsilon. The deal, expected to close in the second quarter, will enable Publicis to access nearly 4 billion unique customer profiles globally, enhancing its reach to 91% of adult internet users. Lotame's extensive data marketplace, which includes over 1.6 billion IDs from more than 100 sources, will bolster Publicis's identity-driven marketing strategy as advertisers move away from third-party cookies. Publicis's CEO Arthur Sadoun emphasized that Lotame’s expertise will enhance product development and client engagement across various markets. The financial terms of the acquisition have not been disclosed, but Publicis has invested approximately $1.5 billion in recent acquisitions as part of its broader AI strategy. This acquisition represents a significant step for Publicis in strengthening its competitive position in the evolving advertising landscape.

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