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Now that a few months have passed since the start of the year, it’s time to look back and assess the best and worst acquisitions in the Internet space for 2007. Sure, you can say it’s way too early to make any definitive judgments about such recent deals, but I’m going to do it anyway. Today: the 3 best Internet deals of 2007. Tomorrow: the worst.

Google acquires Feedburner. This one was a natural for Google. Acquiring Feedburner gets Google direct access to monetize millions of RSS feeds a day, a logical extension of its AdSense/AdWords program and Blogger. $100M may have been a bit much to pay, but Google can afford it.

Citysearch/IAC acquires InsiderPages. InsiderPages has millions of user-generated business reviews, which fits perfectly into Citysearch. IAC’s local salesforce should be able to sell the heck out of this property. Best of all, IAC picked up InsiderPages for just $13M.

Yahoo acquires MyBlogLog. Unlike Google, which acquired Blogger awhile back, Yahoo has been largely shut out of the blogging phenomenon. By acquiring MyBlogLog, which essentially creates mini social networks around blogs, Yahoo got into the blogging game for just $10M. Smart move by Yahoo, although I think they need to get deeper into blogging by making more acquisitions in this area.

Thanks to PartnerUp.com for their comprehensive list of Internet acquisitions: http://startup.partnerup.com/2008/01/02/2007-acquisitions-web-internet-technology/.

What do you think? Did I miss any good ones?

Source: Some of the Best Internet Acquisitions in 2007