Keynote Systems Inc. an Internet performance monitoring company, will acquire Vividence Corp., a consumer research firm for approximately $20 million. The acquisition is expected to close within 30 days. Both firms are located in San Mateo, CA.
If certain financial targets are met by Sept. 30, 2005, up to an additional $6 million will be paid under terms of the acquisition. Keynote expects that the purchase will increase its revenues by $3 million for a total of $14 million for fiscal 2005.
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