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Microsoft pays over the odds for online ad firm

Someone will be giggling, not googling
By INQUIRER staff
Friday, 18 May 2007, 15:27
AQUANTIVE was bought by Microsoft for around $6 billion, shelling out $66.50 a share when yesterday it closed at $35.87 on NASDAQ.

The firm owns Avenue A/Razorfish and has about 2,600 employees, based in Seattle.

Microsoft chief vole Steve Ballmer said the acquisition was intended to grow MSN and its other net offerings including Windows Live, Office Live and Xbox Live. µ

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