Vocus Acquires Acquires E-Mail Marketing Company iContact For $169 Million
Vocus is a cloud-based marketing company that has acquired e-mail marketing services company iContact for $169 million. iContact is primarily used by small and medium sized businesses.
iContact’s email marketing software is known for automating the process of scheduling, sending, and tracking e-mail communications for marketers. iContact’s analytics software allows the marketers to then track the e-mail campaign effectiveness based on what links are being clicked on and what data is being accessed from the e-mail. iContact has raised $50 million in funding from venture capitalists.
iContact has social networking integration and allows users to launch campaigns on Facebook and Twitter. Currently about 70,000 organizations are using iContact.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry