CEO Message
To our Clients:
As always, I would like to use this quarterly newsletter as my opportunity to provide you with insight into the “goings on” at Greenfield Online, Inc.
Many of you are aware that on August 28th, Greenfield Online, Inc. signed a definitive agreement to be acquired by Microsoft Corporation. On September 10, 2008, we announced that Microsoft Corporation, in connection with its agreement to acquire Greenfield Online, had signed an agreement to sell the Greenfield Online Internet survey solutions (ISS) business, including Ciao Surveys, to ZM Surveys LLC, an entity affiliated with ZM Capital, L.P. (“ZM Capital”), a private equity investment partnership focused on entertainment and media investments.
We appreciate the many congratulatory calls we have received from our clients and are excited that you share our enthusiasm about this opportunity. We look forward to working with ZM Capital, who offers valuable domain experience and resources to help the ISS business develop new products and services to become an even better partner to our clients around the world.
ZM Capital is very excited about the opportunity to acquire and grow the Greenfield Online ISS business going forward. ZM Capital has advised us that it intends to keep the Greenfield Online ISS business a stand alone, independent service provider and currently has no plans to integrate or merge ISS with any other company.
Of course, we continue to go about our business in the way our clients have come to expect: with a total commitment to providing the highest quality data and service. Our teams are energized and we’re looking forward to keeping you informed throughout the coming months with the most up to date public news and information that we are able to provide.
I will soon be attending the CASRO Annual Conference in October and hope to meet with a number of you at this event and look forward to hearing about your respective businesses and learn more about how we can work together now and build our businesses together into the future.
Al Angrisani
President and Chief Executive Officer
