ValueClick Acquisition of Fastclick
August 4, 2005
UPDATE: Finally (Aug 11) the ValueClick/Fastclick aquisition news hits mainstream media. I was getting a big nervous and questioning the reliability of the source.
According to reliable sources, ValueClick (Nasdaq: VCLK) today acquired Fastclick, another online advertising company, for a yet undisclosed sum. This is particularly interesting news in light of Fastclick's own less than stellar IPO in March of 2005, raising about about $68 million, in after having been raised the most capital in VC funds in 2004. This makes ValueClick the undisputed heavyweight in the online advertising network space.
UPDATE: ValueClick to Buy Fastclick for Stock (AP)
Posted on August 4, 2005 7:17 PM
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Comments (2)
I think it's a good move by ValueClick. Having offices so close to each other in Santa Barbara with Commission Junction will prove to be a benefit I believe.
Posted by Jonathan | August 11, 2005 11:32 AM
Posted on August 11, 2005 11:32
good move by valueclick. fastclick's optimization technology is superior to valueclick's manual spreadsheet method, and everyone at fastclick i've dealt with are far more intelligent than valueclick - ESPECIALLY on the sales side.
Posted by j | August 11, 2005 3:34 PM
Posted on August 11, 2005 15:34