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Google – AdMob’s new owner

p2pnet news view | Advertising:- Why is everyone looking so happy at AdMob?

It bills itself as the provider of “Industry-leading mobile advertising and monetization solutions”.

Not any more. Because yesterday it anounced it’s now another possession of the world’s largest online advertising company, Google.

“… AdMob has signed a definitive agreement to be acquired by Google,” says  the company’s Omar.

Producing, consuming, or monetizing engaging products on mobile. Yum.

“AdMob knows performance mobile advertising,” itsays. “As the largest performance mobile ad network worldwide, we offer performance advertisers sophisticated targeting capabilities and low-cost customer acquisition with measurable return on investment,” it says.

How much did Google pay for AdMob?

$750,000,000.

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November, 2009


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