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New Deal


Announced

Twitter to acquire CrossInstall.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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advertising

Pending

Media Agencies

Friendly

Private

Single Bidder

Acquisition

United States

Majority

Synopsis

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Twitter agreed to acquire CrossInstall, a creator of programmatic interactive mobile ads. Financial terms were not disclosed. The combination of CrossInstall and Twitter will highlight Twitter’s commitment to performance advertising. Together, firms will be working to expand Twitter’s reach into all areas of app install and performance advertising while increasing the value that MoPub offers to mobile app developers.

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