Google buys AdMob for Rs 3500 crores
Google has purchased ADMOB for Rs 3500 crores . ADMOB is the market leader for Mobile Phone ads. It mainly covers iPhone . It has gained so much of users and best in terms of delivery and payment.
Google would gain a lot from this deal as it would cover many platforms and display marketing for mobile.
Google is paying Rs 3500 Crores for this acquisition.
Many view this deal as not so aggressive considering the potential Mobile advertising has in future. Google acquires after much speculation and with this Google has clear lead in mobile advertising space . This acquisition is seen as a very tactical move by GGGGGGGGGG.