Monday, November 09, 2009

Google to Buy AdMob for $750 Million - WSJ.com

Not a bad ROI for ~3 years work…  See this AdMob CEO post for more details

Google Inc. agreed to acquire AdMob, a provider of display ads for cellphones, for $750 million in stock in a deal that is one of the Internet search giant's biggest deals.

AdMob, founded in 2006 by Omar Hamoui while he was a business school student, serves targeted mobile ads for small companies and large advertisers like Coca-Cola and Procter & Gamble. Its backers include venture capital firms Sequoia Capital and Accel.

Google to Buy AdMob for $750 Million - WSJ.com

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