Thursday, June 19, 2008

Microsoft acquisition targets television ad market

Not long after closing the door on the pursuit of Yahoo! Inc. [YHOO], an acquisition that would have boosted its online advertising business, Microsoft Corp. [MSFT] is making another purchase -- albeit much smaller -- that could enhance its ad presence in an entirely different way. The software giant is acquiring Navic Networks Inc., a venture-backed company that makes software to enable the placement of targeted ads for television.

http://www.thedeal.com/techconfidential/money-out/blog/money-out/microsoft-acquisition-targets.php