RNTS Media

Auto Added by WPeMatico

RNTS buys Inneractive for up to $72M as ad tech consolidation continues

Screen Shot 2016-03-03 at 09.09.53 RNTS, the German parent company of Fyber (formerly known as SponsorPay) and Heyzap, continues its run of ad tech acquisitions. Today the company announced that it has acquired Inneractive, an Israeli-based real-time bidding and mobile ad exchange, for $46 million in cash, plus up to $26 million in earn-outs and retention payments, with the deal expected to complete in Q2. This is a good… Read More

Powered by WPeMatico

RNTS Media Completes $45M Acquisition Of Mobile Ad Company Heyzap

heyzap The deal is done — Germany company RNTS Media says it has completed its acquisition of Heyzap. The acquisition is worth up to $45 million, specifically $20 million in cash upfront, with cash and stock earn outs of $25 million. It was first announced in December and represents a team up between two mobile ad companies, namely Heyzap and RNTS subsidiary Fyber. RNTS CEO Andreas Bodczek… Read More

Powered by WPeMatico