Google Acquires AdMob for $750 Million

Nov 10, 2009 | 148 views | by Navneet Kaushal
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Google has acquired AdMob, the popular mobile display ad technology provider for $750 million in stock. The acquisition is definitely going to enhance Google's hold over mobile advertising and advertisers as well as publishers will now get more options in this particular area.   admob Google Acquires AdMob for $750 Million

The ad stats provided on Google reports say that Android and iPhone users are the ones who browse the Internet more than anybody else and have contributed to Google's 5x mobile search growth in the past two years. Moreover, these users spend around 90 minutes every day using AdMob application on their devices.

As Google is developing more effective tools for making, serving and analyzing the emerging mobile ads formats, the deal will be of great help to it. The new marketing media has benefits like:

  • Advertisers will be able to increase their reach amongst mobile users with the AdMob's ad formats.
  • Users will be able to see more relevant ads and get better access to ad-supported content & applications.
  • The developers and publishers can monetize their content more effectively via AdMob's ad formats.
4.thumbnail Google Acquires AdMob for $750 Million

Navneet Kaushal

Navneet Kaushal is the founder and CEO of PageTraffic, an SEO Agency in India with offices in Chicago, Mumbai and London. A leading search strategist, Navneet helps clients maintain an edge in search engines and the online media. Navneet's expertise has established PageTraffic as one of the most awarded and successful search marketing agencies.
4.thumbnail Google Acquires AdMob for $750 Million
4.thumbnail Google Acquires AdMob for $750 Million