Google Acquires AdMob for $750,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e1d7c16-e7cd-459a-a844-495a326e7210&Preview=1
Date
11/9/2009
Company Name
AdMob
Mailing Address
60 East 3rd Avenue San Mateo, CA 94401
Company Description
AdMob is the world’s largest mobile advertising marketplace. Founded in 2006, AdMob allows advertisers to reach their customers on the mobile Web and publishers to increase the value of their mobile sites through advertising.
Website
http://www.admob.com
Transaction Type
M&A
Transaction Amount
$750,000,000
Transaction Round
Proceeds Purposes
M&A Terms
Google Inc. (NASDAQ:GOOG) today announced that it has signed a definitive agreement to acquire AdMob, a mobile display ad technology provider, for $750 million in stock.