Showing posts with label online media. Show all posts
Showing posts with label online media. Show all posts

Friday, May 18, 2007

Massive Ad Network Consolidation Is Occurring

The big boys are on a buying spree!

Microsoft just announced they are paying $6 billion for aQuantive, the parent company of Avenue A | Razorfish. The acquisition comes after recent big acquisitions by Google and Yahoo in this space. Google bought Doubleclick for $3.1 billion in April. Later that same month, Yahoo acquired competitor RightMedia for $680 million. Just yesterday, WPP Group acquired yet another company in this space, 24/7 Real Media, for $649 million.