This entry was posted on Tuesday, November 10th, 2009 at 8:25 am and is filed under Advertising, Genaral, News & Events. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
| Google’s acquisition of AdMob | |||||
| By Shaun Zelber, November 10th, 2009 :: Advertising, Genaral, News & Events | |||||
Yes finally it has happened… we have speculated for years exactly when would Google munch AdMob. I guess that they held out till the right time… the $750 million time. I am personally very excited to see this finally happening. Having worked with AdMob for several years it is great to see a good idea and great execution paying off in the mobile arena. AdMob have really set up a great business and are pleasant to work with. So for me it is a great news to see them joining with Google who has really made forays into the mobile sphere with Android over the past year or two.
Google even set up a simple page explaining their 750 million all stock acquisition here.(Google Press News). Also here in their BLOG went into more depth on the move.
What is interesting about Google’s graphics is : Showing that it doesn’t haveĀ SMS marketing ! Are they trying to say something else ? Maybe that they need to acquire an SMS marketing company ? What I think good is, this will make investors even more excited about the mobile space and start putting money back into it. | |||||
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