Creation Chamber, Xylem OK merger
Roger Fillion, Rocky Mountain News
Saturday, April 28, 2007
Xylem Interactive Inc. and Creation Chamber Inc., two Denver providers of online branding and marketing services, said they've agreed to merge.
The new company will be called Xylem CCI and employ 55. It plans to add 20 employees by year's end. The new company is billed as the largest independent "interactive practice" between Los Angeles and Chicago.
Xylem CCI will focus on developing Web sites and online marketing strategies. Customers will include Rubbermaid, Mapquest, McDonald's, Best Buy and Mini Cooper.
No money is changing hands in the merger. Revenue is projected to exceed $7 million this year. Combined revenue for 2006 was $5.2 million. The deal is set to close Monday.
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