Wednesday, November 12, 2014

Yahoo to Pay a Staggering $640 Million for Automatic Ad Service BrightRoll



(Digital Marketing Agency, thesnsgroup.com)- US’s Yahoo Inc. is on the verge of splashing out a stunning $640 million on BrightRoll with an attempt to interest marketers to acquire its video ads in real-time.

The move comes as Yahoo has switched sights on focusing to a larger extent on the video ads in which the California-based company sees as key to offsetting declining Internet ad prices and decelerating growth.

With this acquisition of BrightRoll, an automated advertising service, Yahoo will become the largest video ad platform in the US, the firmed claimed earlier this week.

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