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Earnings

Marchex Buys Pay-Per-Call Firm VoiceStar For $20 Million; Hires Former About.com CEO As Media Head

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Local online media and ad firm Marchex (NASDAQ: MCHX) is buying pay-per-call ad tech firm VoiceStar for $20 million, plus $8 million in additional investments through 2008, reports ClickZ. Also, Marchex has hired Bill Day, the founder of About.com and later CEO of WhenU, to lead its consumer-facing media business as chief media officer.

Marchex distributes ads to 100K of its own local and vertical Websites, as well as to over 100 search and vertical network partners…pay-per-call will now be added to the arsenal with this acquisition. More details in its Q2 earnings release.

AP: Marchex, which received about 31 million unique visitors to its Web sites in June, said it may be the primary driver of revenues to Yahoo’s sites by the end of 2009.

Aug 9, 2007 5:15 PM ET

Posted In: Advertising, Money, Earnings

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