Web 2.0 News

WPP Acquires 24/7 Real Media for $649m
Online advertising services firm 24/7 Real Media is to be acquired by the WPP group for $649 million. The old time internet advertising firm had its origins serving ads for Yahoo! and Netscape in 1994 and was formerly founded the following year as Real Media. After numerous acquisitions it took its current name and grew to have 20 offices in 12 countries, serving over 200 billion advertising impressions every month.

Source: http://www.techcrunch.com/2007/05/17/wpp-acquires-247-real-media-for-649m/