Category Archives: Advertising Industry Deals

Interpublic Invests in Kiip
Ad & Media Strategies
January 18, 2013 posted by Otilia Otlacan

Interpublic Invests in Kiip

Kiip and Interpublic Group (NYSE: IPG) announced today that they have entered into a strategic partnership, which includes an investment by the global advertising holding company. On IPG’s side, the partnership will be led the IPG Media Lab division of IPG Mediabrands, which will help introduce top-tier marketers to Kiip’s mobile and gaming advertising platform focusing on rewards-based consumer interactions. The investment by IPG was a part of Kiip’s most recent round of funding which took place at the end of 2012 and included additional investments from Relay Ventures, Hummer Winblad, True Ventures and Digital Garage, totaling $11 million.

Merger of Adsmovil and RedMas Creates Largest Mobile Ad Network in the Americas
Ad & Media Strategies
January 15, 2013 posted by Otilia Otlacan

Merger of Adsmovil and RedMas Creates Largest Mobile Ad Network in the Americas

The Cisneros Group of Companies today created the largest mobile ad network serving the Americas by merging the mobile business of RedMas, Cisneros’ digital media unit with Adsmovil, the leading mobile advertising network in Latin America. The newly-formed company will operate under the Adsmovil brand with co-founder Alberto Pardo serving as its CEO and Jorge Rincon, RedMas’ CEO, becoming the new company’s COO.