London Stock Exchange Welcomes Matomy Media Group to its Main Market
London Stock Exchange today welcomed Matomy Media Group Ltd. to open its UK Markets, marking the initial public offering and admission of Matomy’s ordinary shares to trading on the High Growth Segment of the London Stock Exchange’s main market. more
Following the announcement earlier this month of its new strategic partnership with French advertising company Publicis Groupe, Matomy Media Group (LSE:MTMY) today announces another strategic advancement in its digital performance-based advertising solution by acquiring Europe’s leading mobile programmatic advertising platform, MobFox, for a total consideration of $17.6 million.
Israel’s Matomy Media Group Ltd. has agreed to acquire Austrian mobile-advertising specialist MobFox for $17.6 million, the latest move by an Internet advertising technology company to beef up its mobile capabilities as more people view ads on their smartphones.
Israel's Matomy Media Group, of which French ad giant Publicis took a 20 per cent stake in earlier this month, will buy Austrian mobile-advertising specialist MobFox for $17.6m (£10.9m) in a move to boost its mobile offering.
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