InMobi Acquires AerServ For $90 Million To Get A Leg Up On In-App Header Bidding

InMobiAerServ_updated

 InMobi announces the first adtech deal of 2018 with its acquisition AerServ for $90 million to create the world's largest programmatic video advertising platform.

Mobile ad network and Indian unicorn InMobi paid $90 million for mobile video monetization platform AerServ in a bid to build a header bidding solution for apps.  The deal, announced Wednesday, will bring together their respective programmatic exchanges to create "fair auction dynamics for in the in-app space," said Abhay Singhal, InMobi's CRO and co-founder.

"Our publishers have been asking for this," Singhal said. "They want more control rather than the black box they get from most of the large in-app mediation platforms."

Read more at adexchanger.com

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