Why aQuantive Was So Wrong For Microsoft

Reuters, Monday, July 9, 2012 11:09 AM
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Last week, Microsoft revealed that is was taking a $6.2 billion non-cash charge to account for its $6.3 billion acquisition of aQuantive in 2007. (In other words, the deal was a complete wash.) In a little postgame analysis, Reuters attempts to explain how the software giant could have had such misguided expectations, and why the banner ad business is such a tough racket. What’s the main culprit, according to Reuters? Facebook.
 

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