Recent article in Media section of The Australian has revealed that one of the top SEO companies in Australia - Found Agency is due to complete the sale of its business to specialist marketing services Photon Group Limited for estimated $3 million. Siimon Reynolds is one of the executive directors in Photon Group Limited so it is a definite sign that SEO is taken more seriously and becomes a major strategy for big marketing agencies. It is the second acquisition of SEO business in last few months. In December 2006 Chris Dimmock has sold his search engine marketing company - Cogentis to BlueFreeway Limited. SEO companies consolidation is a new trend in Australia but it should not come as a surprise since in United States, big Madison Avenue marketing agencies have been buying SEO companies for last few years. For more details see the article:
Link kings net rich pickings in The Australian.