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Line 25: − + + + − '''Marchex, Inc.(NADAQ: MCHX)'''is a Washington-based company providing local search, advertising and marketing services. The company's products which include Marchex Pay-For-Call Exchange and Marchex Analytics help business reinvent their strategies in attracting new customers. It's small business marketing product empowers local business owners to efficiently manage ad monitor their web presence, communicate with existing customers as well as add new clients.<ref>[http://www.marchex.com Marchex.com]</ref> + + − + + − + − Russell Horowitz founded Marchex together with other executives from Go2Net namely Ethan Caldwell, John Keister and Peter Christothoulou on January 17, 2003. The founders raised $20 million to acquire two companies E-Family.com, Inc. including its wholly owned subsidiary Enhanced Interactive which specializes in managing search placement for clients & listing clients web sites in search engines for fee and Traffic Leader.com.<ref>[http://www.startup-review.com/blog/marchex-case-study-execution-rather-than-innovation.php startup-review.com]</ref>+ − + − ==Initial Public Offering==+ − In 2004, Marhex held its Initial Public Offering (IPO) offering 4 million shares at $6.50 per share. The company traded 37% of its stocks during its first day of trading raising $ 27.2 million, making it the most successful public offering during that year.<ref>[http://www.enotes.com/company-histories/marchex-inc/ipo-2004 Marchex IPO]</ref> − + − + −
removed Category:Companies using HotCat
{{CompanyInfo|
{{CompanyInfo|
| logo = Marchex.JPG
| logo = Marchex.JPG
Micahel Arenda, CFO <br>
Micahel Arenda, CFO <br>
Mathew Berk, EVP of Product Engineering
Mathew Berk, EVP of Product Engineering
}}
}}
'''Marchex, Inc.(NADAQ: MCHX)'''is a Washington-based company providing local search, advertising and marketing services. The company reported a $29.1 million revenue during the first quarter of 2011.
==History==
Russell Horowitz founded Marchex, together with other executives from Go2Net namely Ethan Caldwell, John Keister and Peter Christothoulou, on January 17th, 2003. The founders raised $20 million to acquire two companies E-Family.com, Inc., including its wholly owned subsidiary Enhanced Interactive that specializes in managing search placement for clients & listing clients web sites in search engines for a fee, and Traffic Leader.com.<ref>[http://www.startup-review.com/blog/marchex-case-study-execution-rather-than-innovation.php startup-review.com]</ref>
==Initial Public Offering==
In 2004, Marhex held its Initial Public Offering, offering 4 million shares at $6.50 per share. The company traded 37% of its stocks during its first day of trading, raising $ 27.2 million, making it the most successful public offering during that year.<ref>[http://www.enotes.com/company-histories/marchex-inc/ipo-2004 Marchex IPO]</ref>
The company reported a $29.1 million revenue during the first quarter of 2011.
==Products and Services==
The company's advertising products, which include Pay-For-Call Exchange and Analytics, help business reinvent their strategies in attracting new customers. Its small business marketing products, local leads and reputation management, pay per click and publishing empower local business owners to efficiently manage and monitor their web presence, communicate with existing customers, as well as add new clients.<ref>[http://www.marchex.com Marchex.com]</ref>
==History==
==Acquisitions==
* 2005- Name Development Ltd, Acquired for $ 164 million in cash and stock, collection of 100,000 domains assembled by domain name pioneer [[Yun Yee]].<ref>[http://www.seattlepi.com/default/article/Marchex-solidifies-its-Web-presence-1160365.php Name Development Acquisition]</ref>
* 2006- Openlist acquired for $13 million.<ref>[http://www.crunchbase.com/company/openlist crunchbase.com]</ref>
* 2011- Jingle Networks.com, one of the leading providers of mobile voice search performance advertising and technology solutions in North America and operator of 800-free-411 was purchased by the company for $62.5 million in cash and stock.<ref>[http://searchengineland.com/marchex-acquires-800-free-411-owner-jingle-networks-72438 Marchex Acquire 800-free-411]</ref>
==References==
==References==
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[[Category:Communications/Marketing]]
[[Category: Companies]]