Google said today it has signed an agreement to acquire mobile display advertising firm AdMob for $750 million in stock.
Google says its acquisition will improve its existing expertise and technology in mobile advertising, while also giving advertisers and publishers more choice in the growing new area.
Highlights of
"AdMob is the quintessential Silicon Valley startup -- generating impressive year on year revenue growth -- and we're excited to welcome this talented team to Google."
Google Buys Mobile Ad Firm For $750 Million In Stock
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