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Confirmed: Google Buys Admeld For Large Publisher Ad Management
Google today confirmed the acquisition of display ad management firm Admeld, which we and others reported last week. Though Google didn’t disclose how much it paid for the buy, various news outlets said the deal was worth $400 million.
Admeld provides technology and services that help large publishers optimize the inventory they’re offering, plugging into ad networks and demand-side platforms to assist publishers in maximizing yield.
“The Admeld team is an example of the huge strides the industry is making—it has quickly developed a great service that is helping many major publishers manage their ad space more efficiently and profitably, wrote Neil Mohan, VP of display advertising, in a blog post.