Welcome | View My Profile | Sign Out
MediaPost Home About MediaPost Privacy/Terms Media Kit Sitemap
Publications Home News
Online Media Daily Media Daily News Marketing Daily Mobile Marketing Daily Search Marketing Daily
Daily Feed> Email Daily Feed> Video Daily Feed> Social
Online Blogs
Online Spin Email Insider Search Insider Behavioral Insider Online Publishing Insider Mobile Insider Video Insider Gaming Insider Performance Insider Metrics Insider Social Media Insider Just An Online Minute Daily Online Examiner Raw Blog
Media Blogs
Research Brief Diane Mermigas:On Media TV Watch TV Board Magazine Rack Media Creativity Notes From the Digital Frontier Digital Outsider Mad Blog Red White and Blog
Marketing Blogs
Engage:Hispanics Engage:Kids 6-11 Engage:Moms Engage:Boomers Engage:Gen Y Engage:Teens Marketing:Green Marketing:Sports
Magazines
OMMA Magazine Media Magazine
Subscribe
Feedback Loop RSS Feeds Archives Subscribe
Feb 24 OMMA Metrics Measurement (NYC) Feb 25 OMMA Behavioral (NYC) Mar 17 OMMA Global (San Francisco) Apr 14 Search Insider Summit (FL) Apr 18 Email Insider Summit (FL) Apr 27 Outfront Conference (NYC) May 12 OMMA Mobile (NYC) May 13 Digital Out-of-Home Awards (NYC) Jun 15 OMMA Video Jun 16 OMMA Publish (NYC) Jun 17 OMMA Social (NYC)
Recently Concluded Events
Jan 26 OMMA Social (San Francisco) Jan 25 OMMA Performance (SF) Jan 12 MEDIA Agency of the Year 2009 (NYC) Jan 11 OMMA Agency of the Year 2009 (NYC) Dec 6 Email Insider Summit (Utah) Dec 2 Search Insider Summit (Utah) Nov 3 OMMA Adnets (NYC) Oct 30 OMMA Video (LA) Oct 29 OMMA Mobile (LA) Oct 29 OMMA Mobile & Video (LA)
All MediaPost/OMMA Events Event Blogging Past Event Videos
Industry Events Calendar
2010 Digital Out-of-Home Awards
2010 MEDIA Agency of the Year 2009 2010 OMMA Agency of the Year 2009 2009 Creative Media Awards 2009 OMMA Awards 2009 Digital Out-of-Home Awards 2009 Media Agency of the Year
All Awards
Employment Situations Wanted Services Offered Post a Job
Briefs Reports Online
MediaPost Directories
Mobile Insiders Group
People Finder Edit My Profile View My Profile My Contacts My Calendar
HOME • MANAGE SUBSCRIPTIONS • MEDIA KIT
Akamai Drops $95 Million For Ad Network Acerno
by Gavin O'Malley, Tuesday, October 21, 2008, 8:11 PM

SHARE

TOOLS

RELATED ARTICLES
TAGS:  Ad Network, Online, M&A

MOST READ

Paul Sagan of AkamiContent delivery giant Akamai Technologies has reached an agreement to acquire ad network acerno for $95 million in cash. With the approval of acerno's stockholders, the deal is expected to close later this quarter, the companies said Tuesday.

"Our investment in developing the Advertising Decision Solutions line over the past two years and acquiring acerno today, represent a strategic next step for Akamai," said Paul Sagan, president and CEO of Akamai.

Acerno has been in operation for more than two years, building a network that now reaches nearly 100% of U.S. online shoppers, according to eMarketer. In April, it debuted some behaviorally predictive ad-targeting technology to distinguish itself in a crowded ad network market.

The New York-based company is expected to enhance Akamai's Advertising Decision Solutions, a new product line also announced Tuesday that was designed to help online ad buyers and sellers create better audience segments with adequate scale.

Acerno's technology will incorporate real-time anonymous Web browsing information with anonymous online purchasing data from advertisers' sites. As a result, publishers should be able to provide advertisers with better access to relevant consumers.

"Our combined capabilities with acerno should benefit the ecosystem of ad networks, online publishers and Internet advertisers by providing them with real-time, actionable data to serve more relevant marketing messages," said Mike Afergan, Akamai's chief technology officer and SVP of Advertising Decision Solutions.

Using cookies, acerno's network collects anonymous information from over 375 major online multichannel retail Web sites. Yet, to protect against privacy concerns, the information it collects is tagged with an ID that cannot be cross-referenced to an individual's personal information.

While "cookie" remains a dirty word among some privacy advocates, using them to collect consumer behavior online has evolved into a mainstream business practice.

Ad networks are now benefiting from the increased use of such behavioral targeting, along with evidence of positive lifts in advertising.

Behavioral targeting is expected to reach $3.8 billion by 2011, according to eMarketer. A study by J.P. Morgan and comScore in 2007 predicted that global spending on ad networks would exceed $3 billion this year.

Acerno also boasts an impressive executive roster, beginning with its CEO Tom Sperry, who previously served as general manager of aQuantive's Avenue A digital agency and president of its technology and service unit, Atlas.

COO David Hinton previously was with Microsoft, where he was most recently responsible for global oversight of revenue strategy and yield management at MSN.

2 people recommend this article. 



AUTHORS

ARCHIVES

Recent Online Media Daily Articles
Cable Company Sued For Working With NebuAd    
Alabama resident Samuel Green has filed a second lawsuit against the Washington Post Company's Cable One...
Google Buzz Rolls Out Sharing Features To Gmail And Mobile Platforms   
Google made another bid Tuesday to master social media. The Mountain View, Calif., company will turn...
Ecommerce Spending Declined For The First Year Ever In 2009   
Thanks to the ongoing recession, 2009 will go down as the first negative growth year in...
DBG Boosts Analytics With Datran Media's Aperture    
Video network Digital Broadcasting Group has integrated Datran Media's Aperture digital audience measurement technology across its...
Facebook Dumps Microsoft Display, But Bing Is In   
Following a renegotiation of an existing ad placement partnership, Facebook will no longer run Microsoft display...
Armchair CDs Speak Out On Super Bowl Spots   
Twitter and social media have become the water coolers, spitting out data on ads during Super...
Social Media Platform Aims To Separate Signals From The Noise   
Networked Insights plans to announce this week several features in its SocialSense platform that should give...
Constant Contact Looks To Radio For New Email Marketing Clients, Boosts Rev 50%   
In a year when many marketing firms struggled, Constant Contact saw a nearly 50% revenue increase...
Iain Tait Joins W+K As ECD   
Wieden+Kennedy on Monday named Iain Tait as its new global interactive executive creative director. Tait joins...
Study: Half Of Top Web Retailers Have No Meaningful Facebook Presence   
With 400 million active users worldwide, it's hardly surprising that Facebook would be the best option...
>> Online Media Daily Archives 
ABOUT MEDIAPOST • MASTHEAD • MEDIA KIT • RSS FEEDS • PRIVACY/TERMS & CONDITIONS
©2010 MediaPost Communications. All rights reserved.
1140 Broadway, 4th Floor, New York, NY 10001
tel. 212-204-2000, fax 212-204-2038, feedback@mediapost.com