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March 12, 2008 2:00 AM PDT

Specific Media acquires U.K.-based Adviva

by Elinor Mills
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Online ad network Specific Media has acquired U.K.-based display ad network Adviva. Terms of the deal were not disclosed.

The purchase marks Specific Media's move into the European market. Specific media offers demographic, behavioral, contextual, and geographic ad targeting and has anonymous data on 365 million consumers globally.

Other companies are making acquisitions to push into the U.S. market, including U.K.-based Adconian, which announced last week it is acquiring Las Vegas-based Frontline Direct.

There is a huge amount of merger and acquisition activity in the hot online advertising space. These are tiny compared with Microsoft's $6 billion purchase of Aquantive and Google's $3.1 billion acquisition of DoubleClick, which finally cleared the final regulatory hurdle, in Europe, on Tuesday.

(Credit: Adviva)
(Credit: Specific Media)
Elinor Mills covers Internet security and privacy. She joined CNET News in 2005 after working as a foreign correspondent for Reuters in Portugal and writing for The Industry Standard, the IDG News Service, and the Associated Press. E-mail Elinor.
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