Sizmek Buys Rocket Fuel For $145M

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Sizmek said Tuesday it intends to buy ad tech company Rocket Fuel for $2.60 per share in cash, valuing Rocket Fuel at $145 million. That’s a long way from where Rocket Fuel was valued when it IPOed in 2013 – going public at $29 per share at a roughly $1 billion value. Read the release.Continue reading »

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Video Ad Platform NovoRoll Raises $2.5M In Growth Capital To Go Global

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San Francisco-based startup NovoRoll is doubling down on mobile and outstream video with a $2.5 million injection of growth capital from Silicon Valley Bank. The company, which helps publishers monetize outstream and native video, had previously raised a $700,000 seed round. It will use its new financing to grow its engineering resources and global footprintContinue reading »

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M&A 2016: Buyers Cross Boundaries As Ad Tech Grows Up (A Little)

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Despite predictions that winter is coming to ad tech, deal activity for the ad tech, mar tech and digital media sectors was tentatively healthy in 2016, according to reports released this week by investment banks LUMA Partners, JEGI and Petsky Prunier. Deal activity rose to the $100-to-$200 billion range. JEGI reported deal activity at roughlyContinue reading »

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M&A 2016: The Year Ad Tech Cautiously Rose Again

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Ad tech mergers and acquisitions (M&A) has been a roller coaster in recent years, and 2016 certainly didn’t let up. In 2015, public and private marketplace sentiment cooled, but 2016 saw a resurgence – albeit a much more cautious one than in years past. “Good businesses in ad tech will find owners,” said Tolman Geffs,Continue reading »

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Why Do Public Companies Jump To Private Equity Firms?

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Tolman Geffs of global investment bank Jordan, Edmiston Group, along with Bill Wise, the CEO of Mediaocean, will speak about the “private equity path” at Industry Preview on Jan. 19 in New York City. What really happens during – and after – a private equity (PE) investment? While the experiences of different companies vary, one thingContinue reading »

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Fox Bids To Acquire Sky For $14.1B

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Twenty-First Century Fox revealed on Friday a preliminary bid to buy out the rest of British pay TV provider and telco Sky for $13.51 per share for a total of about $14.1 billion. Fox already owns a 39.1% stake in the company. In 2010, Rupert Murdoch’s News Corp. attempted to take over Sky (called BritishContinue reading »

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