Google has stepped into the in-game advertising business with the acquisition of Adscape, the Internet giant revealed on its website on Friday. Financial details were not disclosed, but technology site Red Herring, previously reported the value of the deal to be around $23 million. Video game analysts said Google's step into the field could boost the business significantly.
Microsoft Corp. previously purchased Massive Inc. for $200 million, sealing itself into the market. Massive struck several deals with publishers including UbiSoft Entertainment SA, THQ Inc. and Take-Two Interactive Software Inc. to place advertisements in their titles. Many experts say that Google dropped the ball when that deal was struck.
Source:
Reuters












