Ad Age had the highest interactive revenue in the US in 2005, at $189.8 million. Acquisition by Microsoft Microsoft announced on May 18, 2007 its intention to acquire Avenue A | Razorfish as part of a $6.0 billion cash purchase of parent company aQuantive. The transaction closed on August 10, 2007. Razorfish continued to function as an independent company as part of Microsoft Advertising, run by Brian McAndrews, formerly CEO of aQuantive, who reported directly to the president of Microsoft's Platforms & Services Division. On October 20, 2008, the company decided to be known as Razorfish, dropping the Avenue A brand. In June 2009, it was reported that Microsoft had put the company up for sale. Acquisition by Publicis Groupe Microsoft had earlier in June 2009 notified the markets of its intention to sell Razorfish, which many believed conflicted with Microsoft Advertising's main operations that sell advertising technology services to rival agencies. On August 9, Paris-based holding company Publicis Groupe agreed to acquire Razorfish from Microsoft for US$530 million in cash and shares, which in turn gave Microsoft a 3% equity stake in Publicis Groupe. Clark Kokich had served as CEO of the company since July 2007; however, in April 2008, Bob Lord was named the new CEO, while Kokich took on the newly formed role of Chairman. In July 2013, Pete Stein was promoted to the role of Global CEO. Stein had been part of the executive leadership team for five years. Pete was succeeded as the CEO by Tom Adamski and then by Shannon Denton. In October 2015, Tom Adamski died of cancer. In 2016, Razorfish merged with SapientNitro to form SapientRazorfish, led by former SapientNitro CEO Alan Wexler, who also became Co-CEO of Publicis.Sapient with and Sapient Consulting CEO Chip Register. Global offices North America United States: Razorfish Canada: Razorfish Europe Germany: Razorfish UK: Razorfish France: Razorfish Asia-Pacific Australia: Razorfish China: Razorfish Hong Kong: Razorfish India: Razorfish Neev Singapore: Razorfish Latin America Brazil: Razorfish Awards and recognition 1998 In April 1998, the Razorfish Subnetwork, designed by Razorfish, was added to the permanent collection of the San Francisco Museum of Modern Art. 2008 In 2008, Razorfish won over 75 creative awards including 10 Webbys, 11 Interactive Media Awards, 16 WebAwards, 3 OMMAs, 2 ADDYs, and 3 Create Awards. The Nike “Sweet Spots” campaign produced by Duke, a Razorfish Company (located in France), was recognized on the 2008 Cannes