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Google Buys Doubleclick For $3.1 Billion
Good [+1]Toggle ReplyLink» neoform a répondu le Fri 13 Apr, 2007 @ 7:15pm
neoform
Coolness: 339790
[ www.newsique.com ]

Google reached an agreement today to acquire DoubleClick, the online advertising company, from two private equity firms for $3.1 billion in cash, the companies announced, an amount that was almost double the $1.65 billion in stock that Google paid for YouTube late last year.

The sale offers Google access to DoubleClick’s advertisement software and, more importantly, its relationships with Web publishers, advertisers and advertising agencies.

For months, Google has been trying to expand its foothold in online advertising into display ads, the area where DoubleClick is strongest. Google made its name and still generates most of its revenue from search and contextual text ads.

DoubleClick, which was founded in 1996, provides display ads on Web sites like MySpace, The Wall Street Journal and America Online as well as software to help those sites maximize ad revenue. The company also helps ad buyers — advertisers and ad agencies — manage and measure the effectiveness of their rich media, search and other online ads.

DoubleClick has also recently introduced a Nasdaq-like exchange for online ads that analysts say could be lucrative for Google.

“Google really wants to get into the display advertising business in a big way, and they don’t have the relationships they need to make it happen,” said Dave Morgan, the chairman of Tacoda, an online advertising network. “But DoubleClick does. It gives them immediate access to those relationships.”
I'm feeling you up right now..
Good [+1]Toggle ReplyLink» Mr_Frog a répondu le Sun 15 Apr, 2007 @ 1:50pm
mr_frog
Coolness: 97225
3.1 fucking billion in CASH!!

google now is everywhere!
I'm feeling ahhh right now..
Good [+1]Toggle ReplyLink» Nuclear a répondu le Sun 15 Apr, 2007 @ 5:12pm
nuclear
Coolness: 2604110
that seems like a retarded amount of money for doubleclick...
I'm feeling workaholic right now..
Good [+1]Toggle ReplyLink» neoform a répondu le Sun 15 Apr, 2007 @ 6:32pm
neoform
Coolness: 339790
probably.. but at the same time.. google now owns.. pretty much ALL online advertising..
I'm feeling you up right now..
Good [+1]Toggle ReplyLink» Deadfunk a répondu le Tue 17 Apr, 2007 @ 4:45pm
deadfunk
Coolness: 153130
Google really wants to get into the display advertising business in a big way,

no? =P
I'm feeling angelkoreish x 10000 right now..
Google Buys Doubleclick For $3.1 Billion
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