Deloitte buys Magnetic Media’s AI platform, bolstering martech offering

Multinational professional services firm Deloitte is buying Magnetic Media’s artificial intelligence (AI) platform in a bid to secure a firm grasp on the advertising and marketing technology space. The acquisition of the New-York based martech service signals the “strategic importance” of investing in AI, machine learning and audience data analytics, according to Deloitte.

Wrapping the service into its Digital Experiences Services Platform, the deal will offer...

12 September 2018 | Advertising

Singtel-owned Amobee completes $100m bid for video ad specialist Videology

The Singtel-owned digital marketing tech outfit Amobee has completed a $100m (£77.6m) purchase of TV and video advertising specialist Videology.

According to an official release, the deal equips Amobee with connected TV and digital video solutions, linear data-driven TV planning tools, premium inventory partnerships and activation opportunities for worldwide clients. It also clicks with an ongoing narrative of ad tech acquisitions this summer, particularly that of...

29 August 2018 | Advertising Technology

MediaMath seals $225m financing for AI ad tech and tactical mergers

MediaMath, a long-time pioneer in programmatic advertising, has announced $225m (£170m) in new financing, courtesy of Searchlight Capital Partners.

The windfall brings the ad tech company’s total funding to over $607m (£458m), according to Crunchbase.

Delivered in two tranches, this will provide the “strategic growth capital” needed to accelerate the expansion of its DSP (demand side platform) - which allows brands to buy ads using automated...

11 July 2018 | Advertising Technology

AT&T snaps up AppNexus in billion-dollar ad tech bid

US telecoms firm AT&T has bought ad tech giant AppNexus in a deal expected to be worth in excess of $1bn (£753m).

While the value of the transaction hasn’t been disclosed by the two companies, Wall Street Journal expected a possible deal could reach $1.6bn (£1.2bn). The announcement follows just a week after AT&T’s $85bn (£64bn) acquisition of Time Warner.

As reported by Marketing Tech last week, AT&T has been eyeing AppNexus’...

25 June 2018 | Advertising Technology

AT&T eyes programmatic giant AppNexus for $1.6bn

US telco AT&T is reportedly in talks to snap up ad tech firm AppNexus for a possible $1.6bn (£1.2bn), according to Wall Street Journal, in a move that would equip it with firepower enough to take on the likes of Facebook and Google in the advertising space.

The news emerges just a week after AT&T’s $85bn (£64bn) acquisition of Time Warner, while a bid for the New York programmatic specialist would likely be backed by the complete buyout of Otter Media, a...

21 June 2018 | Advertising Technology

M&A on the rise in digital marketing

2016 saw increasing M&A activity in the digital marketing sector which is likely to lead to further consolidation over the next 12 months.

Data from latest Digital Marketing M&A report from advisory firm Hampleton Partners shows that the first half of 2016 equalled the entirety of 2015 in terms of deal values.

With around £3.4 billion in deals made, 2016 is the second-highest valued period in the last five years.

Increasing consolidation  

The data...

23 March 2017 | Mergers and acquisitions

Hootsuite acquires LiftMetrix, aims for greater social ROI

Social media management platform provider Hootsuite has announced the acquisition of analytics firm LiftMetrix to further bolster its portfolio and give organisations greater insight into their social campaigns.

The two companies have been partners for several years, with LiftMetrix being one of the primary players in Hootsuite’s open partner ecosystem – and with return on investment (ROI) practically a necessity in today’s marketing landscape, the deal makes sense...

22 February 2017 | Content Marketing

Why you should throw M&A into the marketing mix

(c)iStock.com/kupicoo

The digital marketing space has gone through huge transformation in recent years as evolving social trends and technological developments change the way that people consume marketing messages.

This makes it imperative for marketing agencies and providers to adapt to this changing environment in order to target and engage their key audiences. 

Today, marketing agencies are increasingly competing against data-led tech giants such as Adobe and...

30 August 2016 | Mergers and acquisitions

eBay Enterprise and Innotrac rebrand as omnichannel platform provider Radial

(c)iStock.com/istocksdaily

eBay Enterprise and Innotrac have rebranded as Radial, a new omnichannel commerce technology and operations provider. The move comes after private equity firm Sterling Partners bought Innotrac Corporation in 2014 and led a consortium of buyers to acquire eBay Enterprise, in November 2015.

Using the Radial global commerce platform as a service retailers are able to manage cost and improve profitability for the entire order lifecycle, claims the...

27 April 2016 | Commerce

Personalisation specialist Blueshift secures $8 million funding

(c)iStock.com/hywards

Marketing personalisation specialist Blueshift has secured an $8 million Series A round of venture financing that will enable it to accelerate the development of its marketing automation solutions.

As well as driving sales and marketing the investment will also be used to allow Blueshift to build out its proprietary Interaction Graph platform.

The platform powers Blueshift’s Segment-of-One marketing automation solutions. The Interaction...

11 January 2016 | Mergers and acquisitions