AfterDawn: Tech news

DOJ approves Google's $400 million Admeld purchase

Written by Andre Yoskowitz @ 02 Dec 2011 3:30

DOJ approves Google's $400 million Admeld purchase In June, Google acquired the large advertising optimization platform for publishers, AdMeld, for $400 million in cash.
The company launched in 2007 with $30 million in venture capital.

In July, the U.S. DOJ requested more info from Google over its acquisition, for anti-trust purposes.

Today, the DOJ has approved the acquisition:

We're pleased that the U.S. Department of Justice has today cleared this deal. We'll close the acquisition in the coming days and then start the real work-building improved products and services that help our publisher partners to make more informed decisions across all their ad space, and to grow their revenues.


The move is the third major acquisition for Google in the online ad space, with the search giant paying $3.1 billion for DoubleClick in 2007 and $750 million for AdMob in 2009.

Previous Next  
Comments have been disabled for this article.

Latest news

VLC hits milestone: over 5 billion downloads VLC hits milestone: over 5 billion downloads (16 Mar 2024 4:31)
VLC Media Player, the versatile video-software powerhouse, has achieved a remarkable feat: it has been downloaded over 5 billion times.
1 user comment
Sideloading apps to Android gets easier, as Google settles its lawsuit Sideloading apps to Android gets easier, as Google settles its lawsuit (19 Dec 2023 11:09)
Google settled its lawsuit in September 2023, and one of the settlement terms was that the way applications are installed on Android from outside the Google Play Store must become simpler. In the future, installing APK files will be easier.
8 user comments
Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets (06 Jun 2023 9:19)
Roomba Combo j7+ is the very first Roomba model to combine robot vacuum with mopping features. And Roomba Combo j7+ does all that with a very clever trick, which tackles the problem with mopping and carpets. But is it any good? We found out.
Neato, the robot vacuum company, ends its operations Neato, the robot vacuum company, ends its operations (02 May 2023 3:38)
Neato Robotics has ceased its operations. American robot vacuum pioneer founded in 2005 has finally called it quits and company will cease its operations and sales. Only a skeleton crew will remain who will keep the servers running until 2028.
5 user comments
How to Send Messages to Yourself on WhatsApp How to Send Messages to Yourself on WhatsApp (20 Mar 2023 1:25)
The world's most popular messaging platform, Meta-owned WhatsApp has enabled sending messages to yourself. While at first, this might seem like an odd feature, it can be very useful in a lot of situations. ....
18 user comments

News archive