Google’s AdMeld Deal to Clear U.S. Antitrust
Google Inc. (GOOG)’s $400 million acquisition of AdMeld Inc. has been recommended for antitrust approval by U.S. Justice Department staff attorneys, two people familiar with the matter said.
The staff urged approval after a detailed analysis found that AdMeld’s competitors in online display advertising were strong enough to offer companies alternative ways to advertise, one of the people said. The recommendation still must be approved by senior department officials, said both of the people, who didn’t want to be identified because they weren’t authorized to speak about the matter publicly.
The recommendation contrasts with the department’s reservations about Google’s purchase of ITA Software Inc. In that case, the department required oversight of Google’s actions before giving approval because government attorneys determined online travel agencies that used ITA’s software, which aggregates flight information, didn’t have many alternatives.
AdMeld offers technology services to Internet publishers that help them boost revenue by managing display ads from hundreds of sources, including ad networks. Customers of the New York-based company, founded in 2007, include News Corp. (NWSA)’s Fox News and the Weather Channel.
Read More: Bloomberg
Collective Introduces Ensemble
Full Integration of Tumri and Oggifinogi Products and Operations Gives Way to Comprehensive Audience Platform for Brand Marketers
NEW YORK, Nov 30, 2011 — Collective, a full service provider of media and technology solutions for display and video advertising today released Ensemble(TM), its new technology platform designed to service brand advertisers seeking a complete buy-side audience platform and services solution. The full integration of recently acquired Tumri and Oggifinogi products and operations into a single business unit allows advertisers to leverage rich media and dynamic creative optimization, powered by Collective’s AMP(R) audience data and media platform.
“The integration of Tumri and Oggifinogi into the Ensemble platform coupled with key leadership appointments makes it possible for Collective to help advertisers deliver rich, video-enabled and optimized creative to audiences at scale,” said Joe Apprendi, CEO, Collective. “We’re enabling brands to intelligently connect with consumers across the entire spectrum of online display advertising with a truly integrated technology suite versus reliance on multiple third party vendors.”
Collective’s new solution eliminates the need for multiple service providers, presenting advertisers with the opportunity to leverage dynamic creative, engaging ad formats and Collective’s industry leading audience data all from one place. Ensemble works across their entire media buy, including real-time bidding (RTB) on leading ad exchanges. Collective is also offering comprehensive creative and production services with Ensemble, ranging from full to self-serve options.
Read More: Collective