SingTel Offloads Amobee To Tremor For $239 Million (Nearly $100 Million Less Than It Paid For Amobee in 2012)

The ill-fated (and relatively brief) love affair between telcos and ad tech really is over. On Monday, Singaporean telco SingTel finally sold mobile-focused marketing platform Amobee to Tremor International for $ 239 million. The transaction is expected to close in the third quarter. (Read the release.) Tremor went public in June 2021. Its stock, which is… Continue reading »

The post SingTel Offloads Amobee To Tremor For $ 239 Million (Nearly $ 100 Million Less Than It Paid For Amobee in 2012) appeared first on AdExchanger.

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