Wednesday, March 19, 2008

Fexon Technology Ltd: Google completed the acquisition of DoubleClick

Fexon Technology Ltd says: According to media reports Tuesday the European Commission formally approved Google spend 3.1 billion US dollars acquisition of Internet advertising company DoubleClick transactions. Less than two hours later, Google announced that the transaction had been completed.

Google has been the acquisition of DoubleClick by rivals such as Microsoft and Yahoo objections that the deal would lead to Google in the online advertising market to monopolies. The EU said that after in-depth market surveys, found that the transaction will not lead to other competitors out evidence. In December last year, the transactions of the United States Federal Trade Commission's approval.

Google CEO Eric Schmidt (Eric Schmidt), in its blog warned that, as the majority of the deal, Google in the acquisition could also be layoffs. He disclosed that layoffs may be in the , while also possible in the other regions.

Wall Street analysts believe that the transaction will create more pressure on Yahoo, it must speed up the pace of their search for a Sino-Italian co-operation partners. But if Yahoo finally accepted Microsoft's acquisition, the transaction can only lead to more anti-monopoly regulatory bodies tend to give the green light to a trading company Yahoo.(Fexon Technology Ltd)