Jul 25, 2007 117 reads by Navneet Kaushal

AOL Purchases TACODA An Online Behavioral Targeting Advertising NetworkAn AOL press release informs that AOL will acquire TACODA, an online behavioral targeting advertising network where the Advertising Network will perform as an entirely owned subsidiary of AOL.

Though AOL has not announced the purchasing fee yet, sources told the NYPost that the acquisition costs somewhere between $200 million and $300 million.

About the acquisition, Ron Grant, AOL President and COO said, "The acquisition of TACODA will build on our advertising momentum, letting us better serve advertisers by enhancing our ability to precisely target advertisements across an even broader network. We are committed to bringing advertisers and publishers a full range of tools and services, along with the widest reach, and with TACODA we're taking another step toward that goal."

Curt Viebranz, CEO of TACODA also said, "AOL is a perfect match for TACODA. By combining our targeting capabilities with AOL's existing set of solutions, we can better serve online advertisers and publishers as the market for behavioral targeting continues to emerge. I'm also delighted to have the opportunity to work with Ron and with AOL CEO Randy Falco, who are putting in place all the pieces needed to create a world-class advertising network."

Other video and mobile ad-serving marketplace purchases of AOL include Lightingcast, AdTech AG, Advertising.com and Third Screen Media.

Navneet Kaushal

Navneet Kaushal

Navneet Kaushal is the founder and CEO of PageTraffic, an SEO Agency in India with offices in Chicago, Mumbai and London. A leading search strategist, Navneet helps clients maintain an edge in search engines and the online media. Navneet's expertise has established PageTraffic as one of the most awarded and successful search marketing agencies.
Navneet Kaushal
Navneet Kaushal
Most popular Posts
Upcoming Events
Events are coming soon, stay tuned!More