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Fast-growing digital services group, Red Eye International Ltd, has announced two major developments that strengthen its position as a leader in online marketing.
The company has acquired one of the UK’s leading usability companies, optimum.web, and appointed former Claritas MD, Mark Patron, as CEO to fuel its expansion programme.
The latest moves follow the acquisition of e-relationship marketing in 2005, the launch of a new search division in 2006, and 101% growth over the last 12 months.
The acquisition of optimum.web, whose clients include Bacardi, the DTI, the COI, and Abbey, will allow usability and accessibility services to be integrated into RedEye’s existing portfolio of web analytics, ad serving, search, affiliate management, web and campaign analysis, profiling and segmentation, data brokering, email and SMS marketing. RedEye’s clients include William Hill, Asda and the AA, and revenues will exceed £5m turnover this financial year making it one of the largest suppliers in the sector.
Optimum.web was one of the pioneers of website usability, based on the science of human-computer interaction, when it was established in 2000. Since then it has expanded its offer to cover user-centred design, IA development, online brand research and user needs analysis. Its managing director, Keith Simpson, will report into Mark Patron alongside existing RedEye managing director, Jonathan Kay, whose role is unchanged.
Patron will become CEO of RedEye from November 1, 2006. He was voted one of the UK's 15 most influential direct marketers by readers of Precision Marketing and has been a non-executive director of RedEye since 2004. Patron will lead the company’s ambitious organic growth and acquisition programme.
“Usability has a natural strategic fit with RedEye’s current products and clients,” says Patron. “By combining the quantitative data from RedEye’s core services with the qualitative data from usability testing, expert evaluations and competitive site surveys, clients will be able to understand and improve users’ online experiences better than ever before.”
“I am very pleased to be joining RedEye at this exciting time. We have established an excellent foundation for growth. RedEye has lots of good people and has the tools necessary to help clients’ improve their online marketing, grow their sales, and increase their ROI. As a direct marketer that has great appeal.”
As managing director of Claritas, now part of Acxiom, Mark built the company over 14 years into the UK's leading lifestyle data business. He was a founder and Chairman of Abacus Europe, the data division of DoubleClick, and has held non-executive positions with Rocketscience, Spada and Transactis, and was part of management team that developed VNU’s marketing information business from $150 million revenues in 1994 to $2.5 billion by 2001. He will continue to be non-executive Chairman of AIM listed marketing services group Twenty PLC.
RedEye is backed by a number of private equity investors and institutions such as Springboard Ventures and Brewin Dolphin.
NOTES TO EDITORS
• Since 1997 many leading UK businesses have trusted RedEye to help them generate more revenue, get better returns on their marketing spend and improve their customer loyalty including Asda, The AA, BBC TV Licensing, Warner Breaks, Kwik Fit, npower and William Hill.
• RedEye provides the technology and services to manage, measure and automate online marketing to increase sales.
• RedEye offers clients more than just software and solutions, it becomes a part of the client’s team, dedicated to ensuring they achieve their online business objectives.
• RedEye gives visibility to all aspects of a client’s online business, identifying opportunities to grow, and providing the support and tools to deliver highly targeted and perfectly timed communications to their customers and prospects.
07801 817 451
01270 848 494
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Optimum Web Ltd
020 7881 0878
Published on: 12:00AM on 5th October 2006