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Twitter acquires mobile advertising startup Namo Media
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  • Twitter acquires mobile advertising startup Namo Media

Twitter acquires mobile advertising startup Namo Media

FP Archives • June 6, 2014, 12:25:14 IST
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Twitter Inc said on Wednesday it will acquire Namo Media, a technology firm specializing in “native advertising” for mobile devices.

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Twitter acquires mobile advertising startup Namo Media

San Francisco: Twitter Inc said on Wednesday it will acquire Namo Media, a technology firm specializing in “native advertising” for mobile devices.

Terms of the deal were not disclosed, but Namo Media said in a blog post that its technology would be rolled into MoPub, the ad serving platform that Twitter purchased last year for more than $300 million.

[caption id=“attachment_73766” align=“alignleft” width=“380”] ![Representational Image. Reuters](https://images.firstpost.com/wp-content/uploads/2014/02/twitter380.jpg) Representational Image. Reuters[/caption]

The combined platform would improve the social media power’s ability to deliver “native ads” - promotional material that blends into mobile apps and mobile websites.

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“We share a vision for how native advertising can improve the state of mobile app monetization for marketers, app publishers, and users,” Kevin Weil, Twitter vice president of product, said in a blog post.

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Venture capital firms that backed Namo Media included Google Ventures, Andreessen Horowitz and Betaworks.

Reuters

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