|
|
Article: Google beware: Yahoo gains edge with Right Media buy.(Yahoo! Inc.)(Google Inc.)
- Article from:
- DM News
- Article date:
- May 7, 2007
- Author:
CopyrightCOPYRIGHT 2007 Haymarket Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Yahoo has entered into an agreement to acquire the remaining equity interest in Right Media for $680 million. The deal follows Yahoo's 20 percent investment in the company last year.
This announcement comes on the heels of Google's planned purchase of DoubleClick Inc. The search giant will pay $3.1 billion to acquire DoubleClick, adding display ad technology to its list of previously search-focused Internet marketing services.
"While this looks like a defensive move against Google's DoubleClick acquisition, I think it's actually an offensive strategy for Yahoo to build on its dominance in the graphical ad marketplace," said Forrester Research principal ...