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Home > Company Index > Diversified Services > Marketing & Public Relations Services > Rare Medium Group, Inc.
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Rare Medium Group, Inc. |
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PROFILE |
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Part e-services shop, part incubator, Rare Medium Group is now all acquisition target. The company, which melds units providing interactive services like Web site design with a portfolio of investments in start-up Internet companies, agreed in 2001 to be acquired by Motient Corporation, a provider of wireless communication and data services. In addition to Web design, Rare Medium's services business includes planning, consulting, and Web hosting services. It counts BellSouth, FAO Schwarz, and Universal Studios among its clients. The company's investment portfolio includes stakes in nearly 30 firms. Investment firm Apollo Management owns more than 40% of Rare Medium.
COMPETITION |
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DEALS |
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Deal: Motient Buys Rare Medium Group
Date Announced: 05.15.01
Value of transaction (US $Mil): Not Disclosed
Description: Operator of terrestrial and satellite communications network agrees to purchase IT consulting firm.
> Search all deals for this company
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 106.50
1-Yr. Sales Growth: 190.2%
Employees: 929
Revenue per employee: $114,639.40
KEY PEOPLE |
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Glenn S. Myers
CEO
Michael A. Hultberg
CFO
CONTACT INFO |
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565 Fifth Ave., 29th Fl.
New York, NY 10017
US
Phone: 212-883-6940
Fax: 212-856-9081
Online: Web Site
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