Singapore Telecommunications Acquires Amobee Media Systems for $321,000,000

  • Feed Type
  • Date
    3/6/2012
  • Company Name
    Amobee Media Systems
  • Mailing Address
    100 Marine Parkway Redwood City, CA 94065
  • Company Description
    Amobee Media Systems has built and designed the first and only telco-grade ad-serving solution 100% dedicated to mobile operators, allowing them to ad-fund all non-voice related applications and services: WAP Browsing, Video & Music, SMS, MMS, and Games.
  • Website
    http://www.amobee.com
  • Transaction Type
    M&A
  • Transaction Amount
    $321,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Financial terms of the transaction were not disclosed by the parties.