Opera Acquires Two Mobile Advertising Firms
Opera Software announced its acquisition of Mobile Theory and 4th Screen Advertising to boost its offerings to advertisers and mobile publishers.Opera Software announced that it has acquired two mobile advertising networks, Mobile Theory and 4th Screen Advertising, to expand its offerings to advertisers and mobile publishers that engage consumers via the mobile Web and applications, across all mobile platforms. In its Feb. 16 announcement, Opera said these acquisitions will enable the company to more effectively monetize the traffic that flows through Opera Mini and Opera Mobile browsers. Opera offers advertising solutions for mass-market feature phone and smartphone platforms, including iOS, Android, BlackBerry, Java and Symbian. And Operas mobile browsers serve more than 160 million monthly active users that generate more than 100 billion page views, and consume more than 16 petabytes of mobile data services a month, as of December 2011.
This is yet another important step in Operas quest to create even more economic value in the mobile ecosystem, said Lars Boilesen, CEO of Opera, in a statement. Two years ago, we announced the acquisition of AdMarvelwhich has grown to become the global leader as a supply-side platform (publisher platform) for mobile advertising. Last year, Opera helped generate well over $200 million in revenue for our publishers globally. Today, we are announcing the acquisition of two great demand-side platforms for mobile advertising. With these assets, and our very popular mobile browsers, Opera is uniquely positioned to deliver end-to-end mobile advertising solutions to brands, agencies, publishers and mobile operators across the globe. We are delighted to welcome the Mobile Theory and 4th Screen team to the Opera family.