Google acquires Admob for $750m

It was announced that AdMob has signed a definitive agreement to be acquired by Google for $750 million.

AdMob’s people, products and tools will continue to work to effectively monetize your mobile traffic – no interruptions.

After our deal closes, AdMob will work with Google to accelerate the pace of innovation in mobile and do an even better job for you.

They believe this deal will benefit our developer and publisher partners by:

*Building even more powerful technology and tools to monetize mobile traffic.

*Increasing the effectiveness of display advertising on mobile devices by leveraging Google sales team, infrastructure and relationships.

*Improving the already high level of service and support we deliver to our publishers.

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