IPG acquires Acxiom in push to elevate data practices and address onset of ‘outcome-driven marketing’

IPG acquires Acxiom in push to elevate data practices and address onset of ‘outcome-driven marketing’

Interpublic Group (IPG) announced on July 2 that it has entered into a definitive agreement with Acxiom Corporation under which IPG will acquire the Acxiom Marketing Solutions business unit in a cash transaction valued at $2.3bn, or net $2.0bn after consideration of an acquisition-related benefit of the tax step-up. The agreement has been approved unanimously by the boards […]

AT&T in talks to buy AppNexus ad platform

AT&T in talks to buy AppNexus ad platform

AT&T’s plan to acquire AppNexus is part of the telecom provider’s broader strategy to build a media business that creates both content and sells ad space. Their wireless division reaches 159.4 million people in the U.S. and Mexico, a mass audience of people checking their phones dozens of times a day. AT&T not only has personal data […]

Headway reinforces its mobile marketing capabilities with acquisition of mobile-first programmatic platform Smadex

Headway reinforces its mobile marketing capabilities with acquisition of mobile-first programmatic platform Smadex

Headway, a leading provider of mobile, programmatic, data and performance digital marketing solutions; business unit of Entravision Communications Corporation, announced the acquisition of mobile-first programmatic platform Smadex. Smadex technology allows advertisers to execute performance campaigns on mobile devices, using its machine learning engine to understand the best combination of creative assets, targeting and pricing for […]

Alibaba to buy remaining shares in food delivery app Ele.me

Alibaba to buy remaining shares in food delivery app Ele.me

Chinese e-commerce giant Alibaba Group Holding Ltd announced it would buy the remaining shares of Ele.me, a major platform in China’s food delivery market, as it competes with Tencent Holdings Ltd services for offline consumers. Alibaba and affiliate Ant Small & Micro Financial Services Group Co Ltd currently own approximately 43 percent of Ele.me, and the […]

Telco OVO Mobile buys AI-driven NICTA media spinout Incoming Media

Telco OVO Mobile buys AI-driven NICTA media spinout Incoming Media

Mobile telecommunications company OVO Mobile has acquired Incoming Media, a tech start-up spun out of NICTA (now Data61) for more than $13 million in order to use its technology to expand itself into an AI-driven mobile broadcasting platform. The acquisition, which has been completed in a scrip deal, will see the creation of OVOPlay as […]

Ericsson Emodo Beefs Up Its Ad Tech Chops With Placecast Acquisition

Ericsson Emodo Beefs Up Its Ad Tech Chops With Placecast Acquisition

Ericsson remains keen on ad tech. On February 14, the Swedish networking and telecom company announced its acquisition of Placecast, a combo data management and demand-side platform (DSP) for location data. Placecast is now part of Emodo, Ericsson’s programmatic mobile ad platform that helps telcos monetise their subscriber data. Emodo is housed within a newly […]

Facebook acquires ID verification startup Confirm.io

Facebook acquires ID verification startup Confirm.io

Facebook is buying a software firm that specialises in authenticating government-issued identification cards, the two companies said on January 23, a step that may help the social media company learn more about the people who buy ads on its network. US lawmakers have expressed alarm at Facebook’s limited ability to know who is buying advertisements, […]

Google buys UK startup Redux, which turns screens into speakers

Google buys UK startup Redux, which turns screens into speakers

Alphabet Inc.’s Google has quietly acquired a UK startup focused on technology that turns surfaces such as phone displays into speakers. Redux developed technology that eliminates the need for small speakers in mobile phones, freeing up space for batteries or other components, the Cambridge, UK-based startup said on its now defunct website. It is unclear […]

InMobi acquires Los Angeles based AerServ for $90 million

InMobi acquires Los Angeles based AerServ for $90 million

InMobi, one of the world’s largest independent mobile advertising platform, announced the acquisition of AerServ for $90 million in cash and stock to create the industry’s first mediation platform with a unified programmatic auction for mobile in-app publishers. This acquisition will enhance monetisation for publishers globally and further enhance the InMobi Exchange, a premium mobile […]

Hyundai is investing in Grab, one of Uber’s biggest rival in Southeast Asia

Hyundai is investing in Grab, one of Uber’s biggest rival in Southeast Asia

Hyundai Motor has invested in Singapore-based ride-hailing firm Grab, on of Uber’s biggest ride-hailing rival in Southeast Asia, as the South Korean automaker looks to expand beyond its traditional business of producing and selling vehicles. Grab did not disclose the value of Hyundai’s investment. Hyundai joined other investors, including Didi Chuxing, SoftBank and Toyota Tsusho (Toyota’s […]

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