AOL BUYS MARKETING COMPANY CONVERTRO
AOL Buys Marketing Analytics Company Convertro
Goodmorning Everybody On Tuesday
According to TechCrunch AOL a day before its quarterly results, AOL
owner of TechCrunch, has announced another acquisition to beef up
its adtech operation. It is buying Convertro, a marketing optimization
platform for $101 million.
AOL says that will be integrating Convertro's service-which let a marketer
look across different ad channels, formats, segments and so on to figure
out things like which ads influenced which kinds of users and when into
AOL Platforms covering service like Adap.tv, Ad Learn Open Platform
[AOP] and ONE, the company's recently announced Progammatic effort.
out things like which ads influenced which kinds of users and when into
AOL Platforms covering service like Adap.tv, Ad Learn Open Platform
[AOP] and ONE, the company's recently announced Progammatic effort.
The deal is an interesting one in that it points to how AOL has been gradually
shifting its business not just to one based on ad revenues, but making on
revenues more high-margin and more intelligent-no surprise, since competing
against the likes of Google or Facebook as a volume play with lower margins
is losing game.
To date this is AOL's 62nd acquisition, with the latest [before this one] being
content personalization app Gravity and Adap.tv. ==TechCrunch.
Happy Inspiration TUESDAY Folks
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