Breaking: Yahoo Acquires RightMedia for $680 Million

 By 
Pete Cashmore
 on 
Breaking: Yahoo Acquires RightMedia for $680 Million
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Yahoo is making its power move to counter Google's acquisition of DoubleClick: the company is acquiring RightMedia, the ad marketplace in which it already owned a 20% stake.

In a New York Times article to be published Monday, the price is pegged at an awesome $680 million, equal parts of stock and cash. Google-DoubleClick was $3.1 billion in cash. RightMedia recently launched its ad marketplace RMX Direct, which is basically an ad network aggregator: they'll fill your inventory with whichever ad network pays the best.

Our take: nice counter play, but Google is still pulling away from the rest of the pack.

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