Friday, April 20, 2007

Google to acquire DoubleClick

Google Inc. (NASDAQ: GOOG) announced on 13 Apr 2007, a definitive agreement to acquire DoubleClick Inc., a global leader in digital marketing technology and services, for $3.1 billion in cash from San Francisco-based private equity firm Hellman & Friedman along with JMI Equity and management. The acquisition will combine DoubleClick's expertise in ad management technology for media buyers and sellers with Google's leading advertising platform and publisher monetization services.

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