.
MergerLinks Header Logo

New Deal


Announced

Tremor International to acquire Amobee from Singtel for $239m.

Financials

Edit Data
Transaction Value£198m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA10.86x
Share Price Premium-
One Off Charge-

Tags

Edit

marketing

technology

United States

Single Bidder

Pending

Acquisition

Majority

Cross Border

digital marketing

Friendly

Digital Services

Private

Synopsis

Edit

Tremor International, a publicly traded advertising-technology company, agreed to acquire Amobee, a global advertising platform that optimizes outcomes for advertisers and media companies, from Singtel, a Singaporean telecommunications conglomerate, for $239m. "The acquisition of Amobee is expected to build upon Tremor International's growth strategy and proven track record of successfully integrating companies that enhance and expand the capabilities and scale of its data-driven end-to-end technology and business platform, focused on CTV and video," Ofer Druker, Tremor International CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US