• AOL acquires affiliate network to boost ad platform

    Tuesday, February 5th, 2008

    Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

    AOL has acquired buy.at, a leading affiliate marketing network backed by VC house DFJ Esprit, reports TechCrunch UK. Financial terms of the deal were not disclosed, but well-placed sources say the deal is worth in the region of $150 million (£75 million). Although launched in the UK in 2002, buy.at now has a much bigger US operation, which is what attracted AOL’s interest. buy.at will now operate as a wholly-owned business unit of Advertising.com, part of AOL’s Platform-A organization, to which it added four other companies in the last year including Tacoda, AdTech, Third Screen Media and Quigo. Unlike previous deals which were more about ad serving, the buy.at deal is about getting closer relationships with retailers. AOL is understood to have tried to buy another affiliate network, Tradedoubler, a year ago but the deal foundered with the latter’s shareholders, who couldn’t agree on price.

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