Saturday, May 19, 2007
10X Revenue (continued)
I wrote a post about the recent ad network/ad infrastructure deals called 10x revenues several weeks ago.
Since then we've seen AQNT trade to MSFT (this morning) for $6bn which is 10x revenues.
But TFSM only got 3x revenues from WPP.
It's interesting that market leaders like DLCK, Right Media, and AQNT get 10x revenues but second fiddles like TFSM get 3x. That shows the power of market leadership for sure.
Posted by
Augustine
at
10:40 AM
Labels: acquisitions
Friday, May 18, 2007
Compete.com Rank and Visitors - stock photo peers
Posted by
Augustine
at
10:33 AM
Labels: alexa, compete, flickrcash, rank
Microsoft Pays $6 billion for aQuantive: Massive Ad Network Consolidation Is Occuring
Breaking: Microsoft is acquiring advertising network aQuantive, the parent company to Avenue A | Razorfish, Atlas and DRIVEpm, for roughly $6 billion in an all-cash transaction, the company said this morning.
aQuantive is a public company (AQNT) and had a market cap of just $2.8 billion as of yesterday. The acquisition price of $6 billion is a roughly 2x premium on yesterday’s closing price, which is a reflection of the fact that this were competing bidders (see notes below). The acquisition comes after recent big acquisitions by Google and Yahoo in this space. Google bought Doubleclick for $3.1 billion in April. Later that same month, Yahoo acquired competitor RightMedia for $680 million. Just yesterday, WPP Group acquired yet another company in this space, 24/7 Real Media, for $649 million.
2006 revenues for aQuantive were $442 million. Net income as about $54 million.
aQuantive’s operating companies include both tools and ad agencies. The company is located in Seattle.
Thursday, May 17, 2007
Madlix.com - Got 3-D? Madlix Does
Posted by
Augustine
at
11:28 PM