Populis (formerly GoAdv), which we’ve previously described as the “European Associated Content”, has just announced that it’s acquiring Blogo, a blog network that operates in Europe and South America owned by Dada, the Italian web publisher part owned by RCS MediaGroup. The acquisition price is pegged at €6 million.
The “thematic blog network” consists of over 250 bloggers who cover 70 niches spanning subjects such as automotive, sport, finance and the arts. It targets the UK, France, Spain, Italy and Brazil, boasting around 100 million page views a month, says Populis, citing Nielsen stats as of November 2010.
To that end, Populis is talking up the acquisition as a giving the company access to “high quality multilingual content in 5 key countries” upping its content production to a total of 35,000 items per month and giving it a reach of 24.8 million unique monthly users, this time citing Comscore’s November 2010 stats. In particular it gives Populis an opening into the South American market, while the company will retain Blogo’s office in Milan along with its international team.