There have been a few weeks of chatter and bidding surrounding the sale of
DoubleClick, and Google came out on top.
The $3.1 billion agreement was
announced yesterday. The acquisition will combine
DoubleClick's expertise in ad management technology for media buyers and sellers with
Google's leading advertising platform and publisher
monetization services.
Overall, it appears that Google believes this merger will further improve digital advertising: "It has been our vision to make Internet advertising better - less intrusive, more effective, and more useful. Together with
DoubleClick, Google will make the Internet more efficient for end users, advertisers, and publishers," said
Sergey Brin,
Google's Co-Founder and President, Technology.
Further support is found on the
AdWords blog, "We believe our combined efforts will give you more places to target your ads and more ways to help your online campaigns perform better."
Furthermore, Susan
Wojcicki, Vice President, Product Management proclaimed on the
Official Google blog that "together, Google and
DoubleClick will empower agencies, advertisers, and publishers to collaborate more efficiently and effectively, which will, in turn, provide a better experience for our users."
This
acquisition will certainly benefit Google, as well as the
DoubleClick shareholders, but only time will tell how it will affect the already skewed
competitive landscape in the digital market.