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Google agrees to buy AdMob for $750 million in stock
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#1
11-09-2009
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Google agrees to buy AdMob for $750 million in stock
Google announced today that it has agreed to acquire the mobile display advertising startup AdMob for some $750 million in stock. Founded in 2006, the AdMob is a mobile advertising marketplace that connects advertisers with mobile publishers.
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"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition." -Thomas Jefferson
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#2
11-09-2009
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Wow google is rich, 750 million for a mobile ads company, not that I don't already see google ads everywhere. They already have a google phone... now will include google ads...google everywhere..
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#3
11-10-2009
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At least someone is swimming in cash in these tough times. This is a smart move from google to enter to market so early. Soon having internet on the telephone will be much more important than the ability to call someone with it.
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