Omnicom forms digital holding company

LONDON - Omnicom Group, the world鈥檚 third-largest advertising network, has joined forces with Pegasus Partners to form an internet consultancy holding company.

Omnicom will contribute resources into the new company from the stakes it holds in internet consulting firms, which include Agency.com, Organic and Razorfish.

In a joint statement, Pegasus and Omnicom said, 鈥淥ur objective in forming the company is to maximise consolidation and other strategic opportunities among companies in the currently depressed e-services consulting and professional services marketplace. We will work with these companies to leverage their client relationships and infrastructure to create stronger, more substantial e-services consulting networks.鈥

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