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

Motorola Announces Third-Quarter Financial Results

Motorola, Inc. today reported sales of $7.5 billion in the third quarter of 2008. more »

Brussels urges car makers to stay on green path

The global financial crisis has already battered many European banks. Now it is hitting the EU auto industry, the world’s largest producer of motor vehicles. more »

Commission approves German support scheme for financial institutions

The European Commission has approved, under EC Treaty state aid rules, a German rescue package intended to stabilise financial markets by providing capital and guarantees to eligible financial institutions. more »

New Commission report assesses European trade strengths in a changing global economy

A new report by the European Commission has assessed the competitiveness of the European Union in the global economy at the end of a decade of rapid economic change. more »

Microsoft Reports Record First-Quarter Revenue

Revenue surpasses $15 billion with healthy sales of enterprise software and Xbox 360 consoles. more »

Airport charges - new rules could mean cheaper flights

Airport charges are one of the hidden costs of flying and usually they are passed on from airlines to passengers. more »

World summit to fight financial crisis

US and European leaders agree to series of summits on world finance. more »

Fishermen should learn from cowboys

On Monday MEPs will debate a recovery plan for cod stocks in the North Sea and West Scotland. With over 70% of the world’s fish species already fully exploited or depleted, fisheries faces a crisis. more »

Private pensions have growing role, but must address society's needs – new EU report

A new study released by the European Commission today confirms the trend towards more private pension provision in the EU but highlights the need for inclusive coverage and adequate pension levels. more »

Energy security, issue of particular importance for Lithuania, in the European Council conclusions

Thursday, October 16, Brussels. President of the Republic of Lithuania Valdas Adamkus attended the second day session of the European Council meeting. more »