The U.S. Department of Justice has given its go-ahead for Google to acquire AdMeld, a sell-side monetization and yield optimization platform, for $400 million. The approval follows a five-month review during which the DOJ made a “second request” for information – not uncommon for large acquisitions. Google plans to officially complete the transaction in the next few days.
In a blog post today, Google wrote, “For now, it’s business as usual – Admeld’s products will operate separately to Google’s existing solutions… But over time, there are opportunities to bring the best of both businesses together in a variety of ways; and to develop entirely new solutions, too.”
The key synergy will involve the DoubleClick Ad Exchange. Many supply side platforms, including New York-based AdMeld, have begun acting like exchanges – pooling display inventory in marketplaces and supporting the sale of that ad space to the highest bidder, often with the help of third-party data. By integrating Admeld’s platform with DoubleClick’s DART for Publishers product, Google stands to introduce more volume into that exchange.
Brand advertisers and their agencies only want to pay for mobile ads that are seen by a person.
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US Advertisers are spending US $2.6 billion on mobile ads each month, $0.4 billion in the UK, they understandably want to know that their ads are seen by real people