Motorola Invests in Amobee Media Systems

Published: 6 August 2008 y., Wednesday

 

Motorola, Inc. through Motorola Ventures, its strategic venture capital arm, today announced that it has made an investment in Amobee Media Systems, a leader in advertising solutions for mobile operators. Financial terms of the investment were not disclosed.

The Amobee Media System can dynamically insert targeted, interactive advertisements into all types of mobile entertainment and communication channels, including videos, music, messaging, games and WAP, using a single, telco-grade ad-serving infrastructure. The System offers mobile operators a new revenue stream by delivering one unique entry point to agencies and advertisers who wish to buy, deploy and monitor campaigns across all mobile channels, while providing the most relevant advertising experience to mobile customers.

“Mobile advertising is rapidly emerging as a key enabler for consumer adoption of the mobile internet and media and Amobee is leading that charge,” said Reese Schroeder, Managing Director, Motorola Ventures. “We see tremendous growth for new, compelling applications and services across consumer segments and product lines, in particular when we can provide flexible business models and options for our carrier partners and consumers, similar to those currently experienced on the web. Working with Amobee will allow Motorola to drive greater adoption of these new services.

“Research has shown that the ‘user-paid’ model is one of the key barriers to the growth of mobile data consumption and revenues,” said Zohar Levkovitz, CEO of Amobee. “As the mobile phone is fast becoming a media channel, Amobee’s ad-funded model works to bridge the gap between device manufacturers, operators, and advertisers, creating value for all stakeholders through increased data consumption and greater revenues.”

Šaltinis: www.motorola.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Fortis Bank Nederland and ABN AMRO Bank Nederland - Commission grants extension of deadline for implementation of remedies

The European Commission has decided to grant an extension of the deadline for the divestment of Fortis' corporate banking business, consisting of Hollandsche Bank Unie N.V. (HBU), two corporate client departments, 13 "Advieskantoren" and ABN AMRO's Dutch factoring activities to Deutsche Bank. more »

MEPs back support for milk sector

MEPs will vote on an emergency plan to help the crisis-stricken sector dairy sector on Thursday after the Agriculture Committee approved the Commission's proposal on Monday evening in Strasbourg. more »

EBRD invests in leading retailer in Montenegro

The EBRD is boosting competition in the Montenegrin retail sector with a loan to expand the supermarket network of one of the leading retailers in the country. more »

Steve Ballmer on SharePoint: A Great Tool for Pumping Up Productivity

Redmond, Wash. — Oct. 16, 2009— On Oct. 19, Microsoft CEO Steve Ballmer heads to the sold-out Microsoft sharepoint Conference in Las Vegas where he will address more than 7,000 sharepoint customers, partners and developers. more »

Charting a course for maritime policy and sustainable fishing

Proposals tabled for collaboration on sea surveillance, bigger EU role in global maritime affairs and sustainable fishing. more »

EBRD loan helps Noble Group take off in Ukraine

$50 million financing package for agricultural commodities operator. more »

Norwegians move sheet-metal production to Lithuania

Seeking to increase sheet-metal production volumes, Stansefabrikken decided to move all company’s production from Lillesand (Norway) to Stansefabrikken’s successfully operating factories in Lithuania. more »

The Baltic Sea Region: The best place to work and do business

The European Economic and Social Committee (EESC) and the European Commission Representation in Finland jointly organise a conference in Helsinki on 22 and 23 October on "The Baltic Sea Region: the best place to work and do business". more »

Closer look to reality or hard landing of Baltic tiger

Why did economy rise drastically turn into painful decline and what price will every of us have to pay for that? more »

EBRD revies down 2009 economic forecasts, sees fragile recovery in 2010

The economies of central and eastern Europe are expected to contract by an average of 6.3 per cent in 2009 following steep output declines in the first half of the year. more »