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aQuantive

From Wikipedia, the free encyclopedia
Defunct American public company
aQuantive
Websitewww.aquantive.com (offline)

aQuantive, Inc. was theparent company of a group of threedigital marketing service and technology companies:Avenue A/Razorfish,Atlas Solutions, and DRIVE Performance Solutions. Based inSeattle, Washington, the company was founded in 1997. According toAdvertising Age magazine, in 2005 it ranked 14th by revenue amongadvertising agencies worldwide.

On May 18, 2007,Microsoft announced that it would acquire the company for US$6 billion, the largest acquisition in Microsoft's history until its 2011 purchase ofSkype.[1][2] The acquisition closed on August 10, 2007.[3] aQuantive became part of Microsoft's newly created Advertiser and Publisher Solutions (APS) Group. On July 2, 2012, Microsoft announced that it would take a $6.2 billionwritedown, mostly related to the 2007 acquisition of aQuantive.[4] In February 2013,Facebook acquiredAtlas Ad Serving from Microsoft.[5]

See also

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References

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  1. ^Szalai, Georg (May 21, 2007)."Microsoft pays big for aQuantive".The Hollywood Reporter. RetrievedAugust 16, 2011.
  2. ^Kirk, Jeremy (May 18, 2007)."Microsoft to Buy aQuantive for $6 Billion".PCWorld. RetrievedAugust 16, 2011.Microsoft plans to acquire aQuantive for around $6 billion in order to grow its Internet advertising business.
  3. ^Sterling, Greg (September 26, 2007)."Microsoft Hoping aQuantive's McAndrews Can Outfox Google". Search Engine Land. RetrievedAugust 16, 2011.
  4. ^David Goldman (2012-07-02)."Microsoft's $6 billion whoopsie".CNN. Retrieved2012-07-02.
  5. ^Mary Jo Foley (2013-02-13)."Facebook Buys Microsoft's Atlas Ad Platform".zdnet. Retrieved2013-02-13.

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