3/28/2007

Microsoft to ‘acquire DoubleClick’

Filed under: — Aviran Mordo @ 4:29 pm

Microsoft wants to buy New York-based online advertising firm DoubleClick, according to the Wall Street Journal.

DoubleClick, which is majority-owned by private equity firm Hellman and Friedman, is said to be exploring options and working closely with Morgan Stanley to secure a possible sale with Microsoft.
Click here to find out more!

A $2bn price tag has been placed on DoubleClick by the private equity firm. DoubleClick, which was founded in 1996 and went private in 2005, has seen revenue of $150m in the last year.

 

Leave a Reply

You must have Javascript enabled in order to submit comments.

All fields are optional (except comment).
Some comments may be held for moderation (depends on spam filter) and not show up immediately.
Links will automatically get rel="nofollow" attribute to deter spammers.

Powered by WordPress