New York - Viewpoint, a New York-based Internet marketing technology company, has signed an agreement to acquire Springbox, an Austin-based interactive marketing firm that focuses on Web marketing and creative services, for $5.5 million in cash and stock.

Springbox is expected to have revenue of about $6 million in 2007, according to Viewpoint.

Its customers include AMD, Callaway, Dell, Disney, Hoovers, Lance Armstrong and Siemens.

In conjunction with the acquisition, Viewpoint has raised $11 million in a private placement of stock with new and existing institutional investors.

Related Links:
http://www.viewpoint.com

http://getspringbox.com