AD FRENZY: Yahoo Acquires BlueLithium for $300 Million Cash

 By 
Pete Cashmore
 on 
AD FRENZY: Yahoo Acquires BlueLithium for $300 Million Cash

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Update: The price is $300 million in cash, according to the release.

Proving that the online ad frenzy isn't over yet, Yahoo has acquired BlueLithium, reported to be the 5th largest ad server by Comscore. From their site:

The acquisition of BlueLithium enables Yahoo! to accelerate its advertising, product, and engineering roadmaps, and gives the company increased capabilities to sell and measure performance-based campaigns both on and off the Yahoo! network.

BlueLithium and Yahoo! share a common goal of providing both advertisers and publishers with high quality inventory and the essential targeting and analytical tools that are necessary to reach the right consumers at the right times. The addition of BlueLithium is the logical next step in creating the largest and most effective online ad network globally, which also includes inventory on Yahoo!'s owned and operated properties, the Yahoo! Publisher Network, and the Right Media Exchange. We believe that together Yahoo! and BlueLithium will help drive the next evolution of the online advertising industry.

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