Google to Acquire Admob

1 replies
Just got word from Admob that they are being bought out by Google for $750 million. If your a Cell Phone Cash member then I'm sure you'll know who and what Admob is.

Wow.

Here's the email:

Today we announced that AdMob has signed a definitive agreement to be acquired by Google for $750 million. We are extremely excited about this new partnership and what it means for our advertisers.

AdMob's people, products and tools will continue to work to deliver successful campaigns for you - no interruptions. Our product and engineering teams will keep building great products for our customers. Our business development team will keep working to maximize ad revenue for the more than 15,000 mobile Web sites and applications that make up AdMob's publisher network.


After our deal closes, AdMob will work with Google to accelerate the pace of innovation in mobile and do an even better job for you. We believe this deal will benefit our advertisers by:

*Increasing our investment in building innovative and engaging ad units across platforms and to further improve targeting and tracking.

*Building even more powerful relevance and optimization capabilities.

*Improving the already high level of service and support we deliver to our advertisers.

You can read more about this deal at www.admob.com/google.

Omar
#acquire #admob #google
  • Profile picture of the author RGallowitz
    I also got the email.

    I'm actually very glad this is going to happen.
    Admob SUCKED and they have almost no stats reporting.

    At least now we'll be able to see better ad reporting etc since Google will not let their advertisers go in blind!


    Reinhardt
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