David Seidler
Jul 29, 2011

Japanese mobile merger makes for big new player

TOKYO - Japanese telecommunications operator KDDI Corporation it is set to acquire Tokyo-based mobile ad service provider Nobot.

Japanese mobile merger makes for big new player

KDDI’s cellphone advertising unit Mediba is to take over the tech start-up for US$19.2 million in a deal that will see KDDI effectively buy its way to second place in Japanese smartphone ad distribution. With three billion impressions a month, the company will still trail Google’s AdMob, which holds the top spot in the market.   

In its own press release following the KDDI announcement, Nobot says the company is looking to launch an office in Singapore by the end of 2011. The company’s expansion plans for Korea, Indonesia and Vietnam will also be bolstered by the takeover news.  Mediba itself has plans to install a new system by year-end that will tailor the distribution of ads based on how users interact with their phones.    
 

Source:
Campaign Asia

Related Articles

Just Published

1 hour ago

Angela Zepeda to lead marketing at X

The former Hyundai CMO and CCO fills a role left vacant since late 2022.

1 hour ago

Asia-Pacific Power List 2024: Mim Haysom, Suncorp Group

Haysom's campaigns for Suncorp are proof that financial categories needn't be dry and boring, as they resonate with customers, win awards and accelerate business.

9 hours ago

Kraft mimics social trends to capture the attention ...

The social led campaign by Rethink is intended to fit seamlessly into FYP streams.

9 hours ago

Peroni picks McCann for global creative account

McCann London leads McCann Worldgroup to victory in four-way pitch.