Digital Look Acquired by Web Financial Group
Madrid and London, 10/02/2011. Web Financial Group S.A. (WFG), a leading provider of hosted information services to the Financial Services Industry with headquarters in Madrid, today announced that it has acquired Digital Look Ltd. London-based Digital Look is an established, reliable partner of UK's financial community for technology solutions, content production and advertising services for more than a decade.
The acquisition will enhance WFG's ability to provide its global banking clients with further local expertise as the group proceeds with its international expansion. Digital Look's substantial and demanding institutional client base will benefit from WFG's broad and independent offer in technology, content sets and marketing services.
Dirk Behrens, CFO of Web Financial Group and responsible for leading the transaction, declared that the acquisition of Digital Look further strengthens WFG's role in the transformation of the financial services industry. From offices in Madrid, Paris, Munich and London, WFG already designs, develops and hosts customized solutions for many of Europe's leading banking and financial media groups. "We look forward now to bring in our expertise and innovative products - like rich mobile and streaming applications - to expand Digital Look's business in UK", Behrens pointed out.
With the transaction, Digital Look became a wholly owned subsidiary of Web Financial Group, with the company continued to be based in London.
About Web Financial Group Web Financial Group is Europe's leading independent provider of web-based solutions for integration, presentation and promotion of financial market data and related products. Based on its unique offer of technology, advertisement and content for banks and financial media, WFG currently supports in excess of 70 million banking clients utilizing WFG's solutions each day. WFG also offers advertisement space on an European network comprised of more than 100 financial information websites with around 270 million monthly page impressions.
For further information, please contact:
Web Financial Group
Telephone: +34 91 187 0321 / 0322
Web Financial Group
Telephone: +34 669 634538