Razorfish Merges With i-Cube

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Razorfish Inc. today announced it will merge with i-Cube, a provider of electronic business transformation services. The deal, which combines Razorfish1s Digital Change Management service with i-Cub1s consulting and integration services, is valued at about $677 million; each share of i-Cube will be exhanged for 0.875 shares of Razorfish. The combined company, named Razorfish, will be headquartered in New York City, employing 1,000 people in 11 cities.

Copyright August 1999, Crain Communications Inc.

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