Gannett Confirms Acquisition Of Facebook Ad Software Provider Blinq Media

Media company Gannett Tuesday confirmed its acquisition of Facebook advertising software and service company Blinq Media, first reported Aug. 10.

Media company Gannett Tuesday confirmed its acquisition of Facebook advertising software and service company Blinq Media, first reported Aug. 10.

Terms were not disclosed, but at the time of the original reports, TechCrunch pegged the sale price at $92 million, spread out over three or four years.

TechCrunch also reported earlier this month that Gannett and Blinq had been working together for about one year prior to the agreement.

The two companies said Blinq will continue to operate its core business under the Gannett portfolio, with Gannett Digital Marketing Services taking advantage of Blinq’s BAM 2.0

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