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Article: Yahoo! acquires 20% stake in Right Media.
- Article from:
- Telecomworldwire
- Article date:
- October 18, 2006
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TELECOMWORLDWIRE-18 October 2006-Yahoo! acquires 20% stake in Right Media(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Internet company Yahoo! Inc (Nasdaq:YHOO) and Right Media Inc, the creator of the Right Media Exchange, announced on Tuesday (17 October) that Yahoo! has made a strategic investment to acquire a 20% stake in Right Media.
In addition Yahoo! will join the Right Media Exchange to offer advertisers the ability to bid on Yahoo!'s non-premium inventory through an open and transparent marketplace.
The Right Media Exchange includes more than 11,000 buyers and sellers trading ...