Microsoft has purchased Aquantive for around $6 billion, paying $66.50 for each share, at a moment when the usual price on NASDAQ was $35.87.

Aquantive is based in Seattle and owns the Avenue A and Razorfish solutions.

Microsoft chief Steve Ballmer said the acquisition was intended to grow MSN and its other net offerings, including Windows Live, Office Live and Xbox Live.

This news article was written on May 20, 2007, quoting The Inquirer.