tech e blog

11/09/2009

AdMob Acquired by Google for $750-Million in Stock

Mobile advertising company AdMob has just been acquired by Google for $750-million in stock. CEO Omar Hamoui says that despite the acquisition, the company "will keep working to maximize ad revenue for the more than 15,000 mobile web sites and applications that make up AdMob's publisher network." Continue reading to see how AdMob works on the iPhone.

We are not going away. After our deal with Google closes, we will work together to accelerate the pace of innovation in this area. Our product and engineering teams will keep building great products for all of our customers.
[via AdMob]

This entry was posted on 11/09 12:00pm and is filed under Breaking News, Google .
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