AdColony Sells to Digital Turbine in an Estimated $400 Million Deal

Yet another M&A deal brokered by Luma Partners as ad tech simmers over  

The deal is the latest in a flurry of M&A activity in the mobile advertising space. AdColony, Digital Turbine

Otello has agreed to sell its mobile advertising unit AdColony to Digital Turbine in an estimated $400 million deal.  

@ronan_shields Ronan Shields is a programmatic reporter at Adweek, focusing on ad-tech.