Thursday, June 9, 2011

Admeld In Google's Hold For $400 Million!

AdMeld,  is an advertising optimization for publishers, run by publishers, supposed to have been acquired by Google for a sum of $400 million as per industry sources. Admeld was launched in 2007, and had investors like Foundry Group, Spark Capital, Norwest Venture Partners and Time Warner Investments.

But this also brings to surface another story. CEO Michael Barrett who was fired by Rupert Murdoch for failing to meed revenue target of $1 billion from MySpace.I guess he will have a nice exit or a great entrance to Google.
Admeld Via TechCrunch Sphere: Related Content

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