SAN FRANCISCO, Sept 4 (Reuters) - Yahoo Inc (YHOO.O: Quote, Profile, Research) has struck a definitive deal to acquire BlueLithium, the fifth-largest U.S. advertising network, for $300 million, in the latest move to consolidate the behavioral ad targeting market.
BlueLithium is a three-year-old San Jose, California-based company that specializes in the fast-growing market for technology that tracks consumer behavior as users move from site to site in order to deliver more relevant ads.
Internet media giant Yahoo already offers advertisers behavioral targeting of ads on some parts of its own site, including the company's 250 million-strong base of Yahoo Mail users and its Yahoo Travel site, an analyst said.
(Reporting by Eric Auchard)
www.bluelithium.com
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The purpose of this blog is to bring you the top deals. As a supplement to the site: www.thetopdeal.com. Updated by Victor Caballero
