Similar Stories to Google Looks To Dominate Iphone And Android Advertising With Admob Acquisition on Bing News

Google announced this morning that it has acquired 3-year old mobile display ad serving platform AdMob for $750 million, half the price it paid for YouTube in 2006. Why did Google make this move? Two reasons stand out. First, AdMob is a very strong company in a sector (mobile advertising) that everyone expects to become much more important in the future.

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BING NEWS:
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