Microsoft in talks to buy DoubleClick

By
Follow google news

Advert tracking technology worth $2bn.

Microsoft in talks to buy DoubleClick
Microsoft is reported to be in talks to acquire internet advertising company DoubleClick at a cost of US$2bn. 

A buyout would provide Microsoft with access to DoubleClick's Dart technology, which monitors how internet adverts perform, and boost its ability to fight Google for online advertising market share. 

DoubleClick is currently wholly owned by private-equity company Hellman & Friedman LLC, which recently had the unit valued as part of a possible stock market listing. 

However, the advertising company could be sold outright to a bidder, with Microsoft and a number of other parties currently in the running, according to the Wall Street Journal.

A sale at US$2bn would make Hellman & Friedman LLC a profit of US$0.9bn since it bought DoubleClick in 2005.

DoubleClick's sales last year were quoted by unnamed sources in the paper to be just US$150m.

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Copyright ©v3.co.uk
Tags:

Most Read Articles

UNSW reveals new measures to deal with AI cheating

UNSW reveals new measures to deal with AI cheating

People First Bank progresses its tech stack modernisation

People First Bank progresses its tech stack modernisation

Coles to end data analytics work with Palantir

Coles to end data analytics work with Palantir

AEC's election donation system build more than doubles to $70m

AEC's election donation system build more than doubles to $70m

Log In

  |  Forgot your password?