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Microsoft to buy online ad agency?
Ben Parfitt Mar 30 2007, 11:45am
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Rumours that a £1 billion swoop for DoubleClick is in the works.
As an increasing number of games companies look to make a move into the online ad space, rumours are gathering pace that Xbox 360 platform holder Microsoft is readying a £1 billion move for DoubleClick.
Marketing Week reports that DoubleClick specialises in both monitoring and creating online advertising.
The firm is owned by Hellman & Friedman, and earlier this month acquired rival ad agency Tangozebra from Media Square for £15 million.
DoubleClick’s sales reached more than £75 million in 2006, though some have questioned the proposed £1 billion price tag.
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