Monday, December 4, 2006
ValueClick Buys Shopping.net
Westlake Village-baesd ValueClick said today that it has acquired Shopping.net for $13.3M in cash. Shopping.net is a London-based operator of 27 comparison shopping, search, and vertical content web sites for the European market. According to ValueClick, Shopping.net will be integrated into its ValueClick Europe unit. Shopping.net is expected to generate $4M in revenue and $2M in adjusted EBITDA for calendar year 2006. ValueClick is a diversified online market firm.