Tag Archives: European

Google officially acquired DoubleClick


Google has officially closed the deal on acquiring online advertising company DoubleClick Inc. after receiving approval from European regulators.

European regulators have today cleared its $3.1billion bid. The final hurdle in the completion of its deal has now been overcome by Google.

European Commission gave its approval for the deal, saying that the acquisition didn’t pose a significant threat to competition in the European online advertising market.