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Details 01 March 2021 Global on-device mobile platform firm Digital Turbine has acquired AdColony for approximately US$400 million. CEO of AdColony's parent Otello, Lars Boilesen, said that Digital Turbine, with its "massive user base, extensive global relationships and distribution" will benefit from the acquisition. "The combination will yield a highly-differentiated and more vertically-integrated solution for the mobile advertising industry. We look forward to joining Digital Turbine to help navigate this innovation," Boilesen said. According to him, Ad...

New Listings Fall 17%, Home Prices Rise 15% New Listings Fall 17%, Home Prices Rise 15% SEATTLE, Feb. 26, 2021 /PRNewswire/ — (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $321,250, according to a new redfin.com), the technology-powered real estate brokerage. Below are other key housing market takeaways for more than 400 U.S. metro areas during the 4-week period ending February 21. Asking prices of newly listed homes hit a new all-time high of $343,961, up 11% from the same time a year ago. Pending home sales were up 18% year over year. During the single w...

Digital Turbine Acquires AdColony for $400 Million to Accelerate Growth with Strong Programmatic and Brand Exchange Business The largest on-device media platform adds AdColony’s strong brand, user acquisition and publishing businesses to expand its collective experience, reach and suite of capabilities to benefit mobile advertisers and publishers around the globe LOS ANGELES, Feb. 26, 2021 (GLOBE NEWSWIRE) — Otello Corp (OSE: OTELLO), Inc, owner of AdColony, the in-app marketplace for brands, today announced the signing of a definitive agreement to sell the global leader in mobile game ad...

Pinterest To Host “Pinterest Presents” As First Global Advertiser Summit The virtual event will provide the global advertising community an exclusive look at the company's latest research and ad product updates to engage it's more than 450 million monthly pinners LONDON, Feb. 9, 2021 /PRNewswire/ — Pinterest (NYSE: PINS) announced today that it will host its first ever advertiser summit, Hosted for advertisers in key markets including the UK, US, France, Germany, Canada and Australia, the virtual summit is designed to inspire and spark creativity among its audience and provide marketer...

Author Bio Evan is a senior technology specialist at The Motley Fool. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder. Follow @TMFNewCow What happened Shares of Digital Turbine (NASDAQ:APPS) popped by 14% today after the company said it would acquire AdColony. The deal is expected to bolster Digital Turbine's on-device advertising business. So what AdColony is a mobile ad platform that has 1.5 billion monthly active users worldwid...