Morning Update: Accenture to buy Kamarama; Pixoneye scans your photos for insights; Ikea’s sad dads; cartoonists and Castro
Campaign Live: Karmarama to sell to Accenture
The owner of Karmarama is in talks to sell a stake or the entire shareholding in the creative agency, Campaign can reveal. An industry source said a deal is imminent and claims Accenture, the consulting firm, is looking to buy Karmarama.
It is thought Karmarama could be valued at as much as £50m on the basis it is worth around one-and-a-half times’ annual revenues.