Amobee Acquires Adconion for $235,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b9096da8-bc89-4540-bdbb-f4b73b467b8c
Date
6/11/2014
Company Name
Adconion
Mailing Address
3301 Exposition Blvd. Santa Monica, CA 90404 USA
Company Description
We are one of the largest independent global digital advertising networks.As a leading partner for large publishers, advertisers and agencies we make performance advertising work by efficiently connecting all parties on our advertising network.
Website
http://www.adconion.com
Transaction Type
M&A
Transaction Amount
$235,000,000
Transaction Round
Proceeds Purposes
M&A Terms
Amobee is buying cross-channel digital advertising firm Adconion for a valuation of $235 million, with a consideration payable of $209 million excluding debt.