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Google buys mobile ad network Admob for $750 million

0 replies · 2,481 views · Started 09 November 2009

Started in 2006 by Omar Hamoui, Admob has grown to be one of the leading platforms for advertising to mobile websites. And now it belongs to Google. In a move that costs the Mountain View company some $750 million, they now have acquired a company that is both profitable and has a significant share of the mobile advertising market. The benefits to Google are pretty clear, especially as their advertising operations is one of their key income streams.

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