AOL Acquires Adap.tv to Make 'Advertising as Easy as E-Commerce'
AOL has agreed to purchase video advertising platform Adap.tv for $405 million in cash and stock, the company announced today.
AOL has agreed to purchase video advertising platform Adap.tv for $405 million in cash and stock, the company announced today.
“Two trends are prevalent in the video space right now – the movement from linear television to online video and the shift from manual transactions to programmatic media buying,” said AOL chairman and CEO Tim Armstrong in a statement. “Adap.tv is positioned squarely in front of the huge opportunity these trends are presenting.”
Boasting wide adoption among advertisers and publishers, including 83 of the Ad Age 100 and 70 of the comScore 100, Adap.tv
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