Facebook is in the midst of a $1 billion acquisition of a mobile advertising network called AdMob.
The acquisition will enable Facebook to create and deliver ads to users in mobile devices.
The AdMob team includes a bunch of talented people from the company’s core team, including former AdMob chief marketing officer David Karp, who is now with the company.
Facebook acquired AdMob from Google in December 2014 for $1.5 billion.
Facebook also acquired a mobile ad network called Vero, which it spun off in January.
Google acquired Vero in January 2016 for $750 million.
Google also acquired Instagram, which became Instagram Stories in April 2017.
AdMob is a social network platform with an ad network for mobile devices that lets advertisers create and distribute mobile ads without the hassle of a traditional mobile advertising platform.
AdMob users are able to browse their own content, view other users’ content, and add content to their ad networks.
Advertisers can reach millions of people using AdMob, and the platform also allows advertisers to target users on a global basis.
Facebook acquired Admob in December 2015, while Google acquired Vello in January 2017.
Admob was originally founded in 2011 and has more than 1.3 billion active users.
In May 2017, Facebook bought out Vello for $200 million.
The AdMob acquisition will allow Facebook to offer its users a variety of ad experiences without the need to have a Facebook account.
Admoms are also able to interact with users on Facebook, allowing them to share and engage with the AdMob community on the platform.
This is a great addition to Facebook’s mobile ad platform, since it gives users the ability to interact directly with Facebook without having to use Facebook as a platform.
For advertisers who want to build an ad platform that doesn’t have a traditional ad platform in place, the Facebook Acquisition can be a big deal.
In addition to the Admob acquisition, Facebook also purchased a $500 million round of funding from Accel Partners.
Accel is the company behind the popular Snapchat advertising platform, and Facebook acquired it from Snapchat in 2017.
Snapchat was valued at $12 billion when it was launched in 2017, and Accel is now valued at over $3 billion.
Snapchat is still a growing company with over 15 million users, and its ad platform is now available for mobile and desktop users.
It’s a great news for mobile advertisers.
AdMoms can now interact directly on Facebook without needing to have Facebook as their ad platform.