E-Mail Consolidation Continues
E-mail service provider Quris, which was majority-owned by Charles Schwab Corp. (little did I know), has a new owner today. The company was bought by database marketer Merkle. Financial terms weren’t disclosed. Quris, based in Denver, will continue as a standalone subsidiary with its 50 employees. Quris’ clients include Charles Schwab (no surprise there), Blockbuster, Dex Media, Vail Resorts and Wynn Las Vegas.
The acquisition continues the trend of standalone e-mail shops being gobbled up by bigger entities. (See Rebecca’s column: “Does Size Matter for ESPs?“)
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