Company’s $35M acquisition comes as it cuts workforce by 14%

Clearwater digital advertiser Digital Media Solutions announced a major acquisition on the same day it cut jobs and turned down a bid to go private.

Clearwater-based Digital Media Solutions is buying HomeQuote.io.
Clearwater-based Digital Media Solutions is buying HomeQuote.io.
Image via DigitalMediaSolutions.com
  • Tampa Bay-Lakeland
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Shortly after announcing it was cutting 14% of its workforce Monday, March 6, Clearwater-based Digital Media Solutions said it had agreed to purchase another technology company for $35 million.

 

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