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Dell to form venture with WPP

Business Materials 3 December 2007 00:30 (UTC +04:00)

U.S. computer manufacturer Dell said on Sunday it will invest $4.5 billion (2.19 billion pounds) in marketing over three years as part of an agreement to form a new agency with WPP that will handle all of the company's advertising and marketing.

Dell, the No. 2 personal computer maker behind Hewlett-Packard, formerly used over 800 agencies worldwide to handle all its advertising and marketing campaigns.

WPP, one of the world's largest advertising and marketing services firm, edged out peers like Interpublic Group and Omnicom Group to win the account, a spokesman for Dell said. (Reuters)

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