Posted AT 12:53 PM EST on 09/11/09
Google to buy mobile ad network
Mountain View, Calif. Google Inc. is stepping up its push to sell advertising on cellphones and other mobile gadgets. It has agreed to buy a mobile ad network, AdMob, for $750-million in stock.Google already has a mobile ad delivery system, DoubleClick Mobile. The company says that buying AdMob will give it more expertise in a market that is expected to grow rapidly over the next several years.Google shares rose $9.84, or 1.
The full text of this article has 157 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now



