DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
 
DarkVision Hardware - Daily tech news
November 13, 2018 
Main Menu
Home
Info
News archives
Articles
Howto
Reviews
 

Who's Online
There are currently 122 people online.

 

Latest Reviews
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
 

Follow us
RSS
 

Microsoft takes $6.2 billion writedown on AQuantive acquisition

Posted on Tuesday, July 03 2012 @ 21:34:24 CEST by


Microsoft acquired online advertising firm AQuantive for about $6.3 billion in 2007 to catch up with Google, but today the software giant announced it's taking a $6.2 billion writedown because the deal didn't work out as planned. The purchase of AQuantive failed to accelerate growth and didn't succeed in making Microsoft's online division profitable.
Microsoft Corp. (MSFT) (MSFT) is taking a $6.2 billion writedown for almost the entire amount it paid for Internet-advertising company AQuantive Inc., signaling that its online division will perform worse than the company projected.

The non-cash charge means the company will probably post a loss for the quarter, which ended in June. Before yesterday’s statement, analysts had predicted (MSFT) that Microsoft would report profit of $5.3 billion in the period, data compiled by Bloomberg show.
Source: BusinessWeek



 



 

DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2018 DM Media Group bvba