Sorry Microsoft, Yahoo -- Google Just Got Bigger

$3.1 Billion Doubleclick Acquisition Gives the Search Giant Another Ad Market


NEW YORK (AdAge.com) -- How badly does Google want brand advertisers? Try $3.1 billion badly. Its acquisition today of Doubleclick, the biggest ad-serving player on the web,gives Google something it couldn't build on its own -- a significant presence in the online display-advertising market.

The price, a 10 times multiple of Doubleclick's revenue, staggered even Silicon Valley veterans. It dwarfs earlier estimates that Doubleclick was on the market for $2 billion; but it was a small price for Google to pay to keep Microsoft (which was also said to be interested in the company) or any other rival from getting it.

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