Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

Local News


Our network sites seattletimes.com | Advanced

Originally published August 18, 2010 at 4:23 PM | Page modified August 18, 2010 at 9:38 PM

Comments (0)     E-mail E-mail article      Print Print      Share Share

Cobalt sale completed, headquarters moving to International District

On Tuesday, privately held Seattle company Cobalt completed its $400 million cash sale to Automatic Data Processing, a publicly traded company based in Roseland, N.J.

On Tuesday, privately held Seattle company Cobalt completed its $400 million cash sale to Automatic Data Processing, a publicly traded company based in Roseland, N.J.

Cobalt, a 15-year-old digital marketing company focused on the automotive sector, employs about 1,000 people — 758 in Washington state.

The company will be moving its headquarters from Seattle's SoDo neighborhood to a building at 605 Union Square in Seattle's International District and plans to occupy it at the start of 2011, said John Holt, Cobalt's CEO and now leader of ADP's digital marketing group. The new space will consolidate office space it has in SoDo and Lynnwood. It also has 42 positions open, primarily in software development, digital advertising and business data analysts.

E-mail E-mail article      Print Print      Share Share

More Local News

UPDATE - 09:46 AM
Exxon Mobil wins ruling in Alaska oil spill case

NEW - 7:51 AM
Longview man says he was tortured with hot knife

Longview man says he was tortured with hot knife

Longview mill spills bleach into Columbia River

NEW - 8:00 AM
More extensive TSA searches in Sea-Tac Airport rattle some travelers

More Local News headlines...

Comments
No comments have been posted to this article.

advertising


Get home delivery today!

Advertising