Digital Turbine Acquires AdColony for $400 Million to Accelerate Growth with Strong Programmatic and Brand Exchange Business
The largest on-device media platform adds AdColony’s strong brand, user acquisition and publishing businesses to expand its collective experience, reach and suite of capabilities to benefit mobile advertisers and publishers around the globe
LOS ANGELES, Feb. 26, 2021 (GLOBE NEWSWIRE) Otello Corp (OSE: OTELLO), Inc, owner of AdColony, the in-app marketplace for brands, today announced the signing of a definitive agreement to sell the global leader in mobile game advertising and monetization, to Austin-based Digital Turbine (Nasdaq: APPS), a global on-device mobile platform company, for a total estimated consideration of $400 million.
Digital Turbine Acquires AdColony for $400 Million to Accelerate Growth with Strong Programmatic and Brand Exchange Business benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.