Monday, January 16, 2012

Adobe, Looking To Grab Rising Online Video Ad Dollars, Buys Auditude

Adobe (NSDQ: ADBE) is continuing to build its advertising business through major acquisitions and this time, it’s buying Auditude, which operates a platform for managing online video ads. Terms of the deal, Adobe’s third since buying online analytics firm Omniture (NSDQ: OMTR) for $1.8 billion two years ago, weren’t disclosed.

It’s been noted many times that online video is the fastest growing segment of internet advertising. This year, U.S. online video advertising revenues of around $2 billion, eMarketer says, while the total online ad market will be about $30 billion. Video is attractive to advertisers for obvious reasons: it tends to command more attention than text or audio alone, and therefore provides the kinds of engagement metrics that brand marketers value.

http://paidcontent.org/article/419-adobe-looking-to-grab-rising-online-video-ad-dollars-buys-auditude/