The Atlanta, GA.-based Creative Digital, which specializes in rich media campaigns has sales of $10 million and 35 employees, according to the company.
The European-based LBi--which had global revenues of $212.4 million in 2006, and U.S. revenues of $40 million--was formed last summer upon the merger of LB Icon of the Netherlands and Framfab of Sweden.
It has 20 offices in 10 countries, including New York-based IconNicholson, DAD and Winsome in Belgium, Framfab in Denmark and Switzerland, IconMedialab in Italy, Escador and Lost Boys in the Netherlands, LBi and Nexus in Spain, LBi in the U.K., Framfab and Starring in Sweden, and Framfab and MetaDesign in Germany.
US Corporate Ventures Group advised LBi and DecisionPoint International advised CDG on this transaction.