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 Palm Blvd > News > Google Buys Mobile Ad Firm AdMob for $750M

Google Buys Mobile Ad Firm AdMob for $750M

By Kenneth Corbin
November 11, 2009

When Google reported a better-than-expected financial performance in the third quarter, the company's executives proclaimed that the worst of the economic downturn had passed, and projected an aggressive acquisition strategy at the rate of roughly one company a month.

Today the search giant made good on that commitment, announcing an agreement to purchase mobile ad firm AdMob for about $750 million.

Get the full story here at InternetNews.com.

 
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