Annuncio launches European subsidiary

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Mountain View, Calif.--Annuncio Software Inc. has launched Annuncio Europe, a London-based subsidiary. Annuncio Europe, which like its parent develops e-mail marketing and customer relationship management platforms, has signed on Dell Europe and France Telecom unit Wanadoo Data as its first clients. Annuncio, like its competitors DoubleClick Inc. and 24/7 Media Inc., anticipate booming demand in the European CRM market, which is expected to expand from $13 billion in 2000 to $43 billion by 2005, according to International Data Corp.
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