After much speculation, Google has indeed acquired advertising network DoubleClick for $3.1 billion.
DoubleClick, founded in 1996, offers a digital marketplace that connects advertising agencies, marketers and Web site publishers seeking to place online ads. It has more than 1,500 corporate clients.
As the NYT points out, the acquisition gives Google firm footing in display advertising and a ready made list of client relationships.
“Google really wants to get into the display advertising business in a big way, and they don’t have the relationships they need to make it happen,†said Dave Morgan, the chairman of Tacoda, an online advertising network. “But DoubleClick does. It gives them immediate access to those relationships.â€



Mashable is reporting
Someone needs to keep track of TechCrunch’s success-rate with their rumor-mill postings (which I am sure is high). Arrington is at it again, with “multiple sources”
iCrossing announced yesterday that they would 







