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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
xxx
Industry Role:
Join Date: Jun 2003
Location: UK
Posts: 31,544
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Microsoft in $6.2bn write-down of aQuantive
Microsoft is taking a $6.2bn (£4bn) charge on the value of an online advertising firm bought five years ago.
Microsoft bought aQuantive for $6.3bn cash in an attempt to catch rival Google in the race to grow revenues from search-related advertising. The write-down effectively wipes out the acquisition's value, although there was little impact on Microsoft's share in after-hours trading on Monday. The purchase of aQuantive in 2007 was then Microsoft's biggest acquisition. The company said in a statement on Monday that "the acquisition did not accelerate growth to the degree anticipated, contributing to the write-down". The charge is likely to wipe out any profit for the company's fourth quarter. Wall Street was expecting Microsoft to report fourth-quarter net profit of about $5.25bn on 19 July. In addition to the charge, Microsoft said its forecast for future growth and profitability at its online services arm - which includes the Bing search engine and MSN internet portal - are "lower than previous estimates." http://www.bbc.co.uk/news/business-18684395
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#2 |
Industry Role:
Join Date: Aug 2006
Location: Little Vienna
Posts: 32,235
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Another company for which i never heard.
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#3 |
working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
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Well that was overvalued ... 6 billion? Haha
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#4 |
Industry Role:
Join Date: Aug 2006
Location: Little Vienna
Posts: 32,235
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Found this original article about buying:
http://techcrunch.com/2007/05/18/mic...for-aquantive/ Seems they paid like 12 years revenue.Crazy considering in adult sites are usually sold for 6 month revenue. |
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