Monday, 9 November 2009

Google to buy AdMob

Google said this evening that it will buy AdMob, a mobile display ad technology provider, for $750 million in stock.

Surprise, surprise.

For Google owning ad search/placement on mobile is above all else the most critical strategic and commercial play.

The purchase of Admob is a significant step toward this singular aim. And they are paying in stock ie its cheap!

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