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Archive for: April 14, 2007

Apr 14, 2007

Google spends oodles again

In the News , 0 Comments

Today our managing partner, Ken Marlin, was quoted in a discussion of Google’s acquisition of DoubleClick by Alex Pham for The Los Angeles Times. The Internet behemoth agrees to pay $3.1 billion for ad firm DoubleClick –– and once more uses its financial strength to head off rivals Google Inc. appears to be creating its own Internet bubble. The online juggernaut on Friday said it reached an agreement to acquire DoubleClick Inc., a New York–based Web advertising company, for $3.1 billion in cash. If approved by federal regulators, the deal would be the largest in 9–year–old Google’s history, and the…

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