Microsoft restructures for online ad battle

Microsoft has restructured its digital advertising business to accommodate its recent buyouts of aQuantive and online ad exchange AdECN.

The software giant has created a new ‘Advertiser and Publisher Solutions’ unit to promote its online ad platforms to publishers and brands and carry the fight to arch-rivals Google and Yahoo!.

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aQuantive shareholders clear Microsoft buyout

Shareholders of aQuantive have given the green light for the company’s $6bn purchase by Microsoft in a meeting that reportedly lasted for a little over six minutes.

The acquisition, which gives the Redmond giant ownership of ad technology provider Atlas, as well as interactive agency AvenueA and targeting tech company Drive PM, is now expected to close in the next few days.

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