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October 17, 2006

Yahoo Acquires AdInterax Rich Media Advertising Company

Yahoo announced that they have purchased AdInterax, a company that specializes in management of video and animated online ads. AdInterax built tools to float animations, dynamically expandable banners and streaming video ads. Also, Yahoo bought 20 percent of Right Media today, an online advertising company. Yahoo said that the investment will allow it to "offer advertisers the ability to bid on Yahoo's non-premium inventory through an open and transparent marketplace."

Posted by Barry Schwartz at October 17, 2006 11:01 AM

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