Facebook buys advertising platform from Microsoft
By Gordon MacMillan, mediaweek.co.uk, Friday, 01 March 2013 09:47AM
Facebook has bought the advertising-measurement platform Atlas from Microsoft for an undisclosed sum.
The acquisition shows that Facebook sees its focus on competing with Google and growing its advertising business, and the ability to gain far greater measurement data will help it do that.
Facebook will be able to start tracking the ads that people see and how they then link to purchases. Its main challenge will be how quickly it can integrate the technology.
Atlas was part of Microsoft's $6.3bn acquisition of digital ad agency aQuantive in 2007, which has largely proved a failure, leading to a $6.2bn write off last year.
This article was first published on mediaweek.co.uk
- Web Analyst Jet2.com Negotiable, Leeds
- Database Marketing Analyst Jet2.com Negotiable, Leeds
- Digital Design Director Network Career Consultants £55000 - £70000 per annum, London
- Digital Account Manager Dot-Gap £36K, London (Central)
- Digital Response Associate Dot-Gap £70k, London (Central), London (Greater)