Google to Acquire AdMob for $750 Million

“Google’s back on the acquisition front, spending $750 million in stock Monday to acquire mobile display ad company AdMob. AdMob is perhaps best known for serving display ads on iPhones, but it also recently started a business unit focused on ads for Android phones. The start-up would appear to fit well into Google’s advertising business model, giving Google a leg up in the still-small but fast-growing world of mobile advertising.”

One Response

  1. 2009-11-10 12:45 pm