16.05.2007 12:00:00
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AOL Acquires ADTECH AG
AOL announced today that it has acquired a controlling interest in
ADTECH AG, a leading international online ad-serving company based in
Frankfurt, Germany. The acquisition provides AOL with an advanced
ad-serving platform that includes an array of ad management and delivery
applications enabling website publishers to manage, traffic and report
on their online advertising campaigns. ADTECH will operate as an
independent and majority-controlled subsidiary of AOL’s
Advertising.com division.
"AOL has incredible momentum in the online
advertising space, and our acquisition of ADTECH builds on this by
providing AOL with a next-generation ad-serving platform, letting us
deepen our relationships with publishers in Europe and the U.S. and
provide them a more complete set of solutions,”
said Randy Falco, Chairman and CEO of AOL.
The ADTECH ad-serving platform differentiates itself via its scalable,
enterprise-class infrastructure and publisher-friendly tools –
providing intuitive and feature-rich user interfaces, superior inventory
management and forecasting capabilities, and robust and flexible
reporting.
"ADTECH is a perfect complement to
Advertising.com’s display, video and affiliate
advertising networks, letting us provide publishers with a comprehensive
solution for ad management and monetization,”
said Lynda Clarizio, president of Advertising.com. "Through
this acquisition, publishers will be able to better manage their own
advertiser campaigns via ADTECH, as well as better monetize their
available inventory via Advertising.com’s
diverse solutions and extensive advertiser base.”
ADTECH works with top publishers in 25 countries. In the fall of 2006,
it launched U.S. operations to manage its growing U.S. customer base.
Headquartered in the U.S., Advertising.com also has operations in nine
countries throughout Europe and Asia.
"Both Advertising.com and ADTECH are focused
on providing website publishers with the best online advertising
solutions and highest level of customer service available in the online
advertising marketplace,” said Dirk Freytag,
chief executive officer of ADTECH. "We look
forward to leveraging our joint strengths to help our partners manage,
monetize and maximize their advertising inventory.”
ADTECH will continue to be based in Frankfurt. The financial terms of
the acquisition were not disclosed.
Other recent corporate acquisitions by AOL include Relegence Corporation
in November 2006; Userplane in August 2006; Lightningcast, Inc. in May
2006; Truveo, Inc. in December 2005; Weblogs, Inc. in October 2005; and
Xdrive, Inc. and Wildseed, Ltd. in August 2005. AOL acquired
Advertising.com in June 2004.
About AOL
AOL® is a global Web services company that
operates some of the most popular Web destinations, offers a
comprehensive suite of free software and services, runs one of the
largest Internet access businesses in the U.S., and provides a full set
of advertising solutions. A majority-owned subsidiary of Time Warner
Inc. (NYSE:TWX), AOL LLC is based in Dulles, Virginia. AOL and its
subsidiaries also have operations in Europe, Canada and Asia. Learn more
at AOL.com.
About Advertising.com
Advertising.com, a wholly owned subsidiary of AOL LLC, is a global
online advertising services company. The company offers a fully
integrated suite of online advertising solutions, including display
advertising, search engine marketing, managed affiliate placements and
video advertising. These solutions are powered by Advertising.com’s
award-winning optimization technology and industry-leading third-party
display advertising network, which reaches more unique visitors each
month than any other online property.
About ADTECH
ADTECH AG is a leading international digital marketing solutions
company. Its flagship product is the Helios IQ ad serving platform, a
next-generation suite of applications which enables Web publishers to
manage, serve and report on their online advertising campaigns. Helios
IQ allows its customers to enhance efficiency, reliability and ROI in
their online advertising businesses. Founded in 1998 and with customers
in 25 countries, ADTECH is an established leader in the online
advertising industry.
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