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Acquisitions
12 Months Ended
Dec. 31, 2012
Acquisitions  
Acquisitions

Note B — Acquisitions

 

On August 31, 2010, we acquired Information Arts (UK) Limited (Information Arts).  Based in the United Kingdom, Information Arts is a provider of data-driven marketing insight to business-to-business marketers across Europe — and increasingly across the globe.  Information Arts delivers data to improve multichannel marketing effectiveness.  This insight is derived from profiling, segmentation, modeling and other analytics, and drives engagements that include marketing data management, data hygiene, data acquisition and data planning.  Information Arts and Harte-Hanks’ other marketing offerings in Europe are being combined to deliver multichannel Demand Center solutions - integrated lead generation and lead management programs.  Goodwill of $12.8 million and intangible assets subject to amortization of $0.5 million have been recognized in this transaction and assigned to the Direct Marketing segment.

 

The total cost of the acquisition in 2010 was $12.9 million, all paid in cash.  The operating results of this acquisition have been included in the accompanying Consolidated Financial Statements from the date of the acquisition.  We did not make any acquisitions in 2012 or 2011.

 

We have not disclosed proforma amounts including the operating results of this acquisition as the effect on our operating results is not considered material.