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News Stories Monday, March 28, 2005   
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WebSourced acquires England’s Smart Interactive in play for European market


Search engine marketing firm WebSourced is expanding into Europe with its acquisition of England-based Smart Interactive, which is headed by Mike Grehan, author of the book “Search Engine Marketing.”

"Smart Interactive is one of the most recognized and trusted names in the UK search marketing industry,” says Pat Martin, president and CEO of Research Triangle Park, NC-based WebSourced. “With Forrester Research predicting the European search marketing industry to grow by 65% in 2005 and reach 3 billion euros by 2010, this is an important acquisition for WebSourced and one that will allow us to quickly expand our European client base."

Grehan has more than a decade of experience in the search engine industry and has worked with dozens of major European companies and Fortune 500 corporations, WebSourced said. The London-based e-Consultancy recently named him one of the UK Internet industry`s top 100 most influential people for the past 10 years.


WebSourced is a unit of CGI Holding Corp. Its clients include Lowe`s Companies Inc.

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