Dulles, Va. - Federal regulators have cleared AOL's planned acquisition of New York-based Tacoda, a developer of technology that lets advertisers target consumers based on their online behavior.

The Federal Trade Commission said that it has granted "early termination" to the deal's antitrust review, clearing the way for the companies to complete the transaction.

Reuters, citing a "person familiar with the situation," reported the purchase price as $275 million in cash.

AOL said that the acquisition of Tacoda, which has about 100 employees and will operate as a subsidiary, will allow it to extend the reach of its third-party display network.

Related Links:
http://www.ftc.gov/bc/earlyterm/2007/08/et070824.PDF (PDF)

http://press.aol.com/article_display.cfm?article_id=1270

http://www.tacoda.com