Arkansas Based Acxiom Buys Chinese Company
By: Import User
Updated: January 7, 2009
Acxiom Corporation announced says it is
expanding into China with the purchase of a Shanghai-based business
intelligence and data management company.
Officials did NOT release details of the purchase of ChinaLOOP,
which was among the first information management companies in
China. Charles Morgan, Little Rock-based Aciom`s company leader,
says China has the world`s fastest growing economy and offers much
room for growth.
Acxiom manages personal information on consumers, along with
financial and corporate data for a variety of companies, including
Fortune 500 firms.
ChinaLOOP provides data, database management and data services
to a number of Asian and international clients from its
headquarters in Shanghai and additional operations in Beijing. Its
clients include a number of China-based and multi-national
companies, including Diageo, Financial Times, Nokia, Total, Citroen
and Johnson & Johnson.
