Tuesday, April 17, 2007

Google-DoubleClick deal seen spurring Web ad M&A

April 16 - Reuters - Google Inc.'s $3.1 billion purchase of DoubleClick Inc. will create a new powerhouse in digital advertising that could spur a wave of takeovers in the online marketing sector. The planned acquisition, unveiled late on Friday, prompted a rally in shares of digital advertising companies on Monday, with aQuantive Inc. jumping 12.2 percent, Real Media Inc. up 10.6 percent and ValueClick Inc. gaining 2.3 percent. Read More.

No comments: