AdMob For $750 Million Google

AdMob For $750 Million Google

Google has just announced that it has acquired AdMob, the mobile ad platform that has been especially popular on the iPhone, for $750 million. This is a big win for the company’s early investors, which include Sequoia Capital and Accel Partners (this is a huge day for Accel — they were also investors in Playfish, which was just acquired by EA). More recent investors include DFJ and Northgate Capital.

This has been a big day for acquisitions. Earlier today we broke the story that Google is acquiring VoIP startup Gizmo5 for around $30 million in cash

We will be happy to hear your thoughts

Leave a reply

TechEggs
Logo