Monday, November 09, 2009

Google to Acquire AdMob

AdMob has signed a definitive agreement to be acquired by Google for $750 million. AdMob’s says that people, products and tools will continue to work to deliver successful campaigns for you and to effectively monetize your mobile traffic – no interruptions. Their product and engineering teams will keep building great products for their customers. Their sales team will keep working with our thousands of advertisers to deliver successful campaigns. Their 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 the deal closes, AdMob will work with Google to accelerate the pace of innovation in mobile and do an even better job for you. This deal will benefit advertisers, developers and publishers.

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

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