Looking for ways to expand the already well-honed ability to sell targeted Internet advertisements, .. The online search leader named Google Inc. .. said it has finalized its agreement to pay-up $3.1 billion in cash to acquire the advertisment management technology company named DoubleClick Inc.

These two big companies announced the deal after the markets closed Friday .. which is today. The boards of the 2 companies have approved for the takeover, … everything should be fully transferred by the end of this year (2007).

DoubleClick inc is a company that helps customers to place and track online advertising in CPM form, including search ads, which Google - more than its nearest search competitors Yahoo Inc. (Nasdaq: YHOO - news) and Microsoft Corp. - has turned into an extremely lucrative business.

The shares of Mountain Viewbased Google rose by 3cents to $466.32 in the after-hours of trading.

Double Click Incorporated has been privately running since the year 2005 …. A very good but strict company, that requires only quality websites to participate in their service.

The sellers are San Francisco-based private equity firm Hellman & Friedman, along with JMI Equity and DoubleClick management.

Lets see what google will do with this company. … I am personally happy that it belongs to google now. I see it being a better and bigger company. All the best to google.

Google is definitely a smart company, They are buying some really great online assets. The question is, what are they really up to.

If you are not on the google train … You better get on it now and make some money. This is a winning company all the way.