NEW YORK--(BUSINESS WIRE)--Tremor Media today announced its acquisition of San Francisco-based Transpera, the leading mobile video advertising company. Tremor Media’s acquisition of Transpera, the mobile video advertising platform with the broadest penetration, will accelerate Tremor Media’s ability to scale its own mobile video advertising efforts.
“Tremor Media's acquisition of Transpera will help drive mobile video advertising to the next level and help establish some of the same advertising and analytics principles in the mobile video landscape that have set them up as a leader in online video,” said Doug Brodman, Associate Digital Media Director at Mediavest. “Tremor Media has strengthened its vast scale by not only continually improving their ad technology, but also through the continued development of their data and analytics platform. This will surely impact the mobile video segment.”
The acquisition of Transpera by Tremor Media marries the leading mobile video advertising company with the largest online video advertising company. With this addition, Tremor Media will provide advertisers with the most comprehensive multi-platform service offering for video advertisers – creating the unique ability to run a video campaign across online and mobile platforms, and across a large number of premium publishers with one single media buy, at scale. This dramatically reduces the complexity of a video ad campaign at every level, from managing ad creative and campaign flights, to targeting and reporting. More importantly, for the first time ever, this enables brand advertisers to target, optimize and obtain insights in a unified manner.
“Transpera has become the go-to company for mobile marketing through a powerful media platform that complements Tremor Media’s reach,” said Bill Day, Tremor Media’s CEO. “The continued acceleration of consumer adoption of smart phones and tablets makes mobile devices an increasingly important part of an advertiser’s media plan and moving into the mobile space is a strategic extension of Tremor Media’s current offering - we can help advertisers reach their consumer wherever they may be in a simplified way.”
The acquisition comes in response to key advertiser-driven objectives for online video, solutions for which have not been available in any one place until now. Consumers are spending more time on mobile devices and the depth and richness of experience on these devices makes the mobile segment an increasingly critical component of a brand advertiser’s video campaign. According to Nielsen, in the US, smart phones will overtake feature phones by the end of 2011 while eMarketer predicts tablet sales will reach 24 million units in 2011, up from 9.7 million in 2010.
“We are excited to be part of Tremor Media, furthering our combined leadership in video advertising,” said Frank Barbieri, Transpera’s Chairman and CEO. “The combination of our mobile platform and footprint, and Tremor Media’s own success in digital video advertising will help solve a lot of the challenges our publisher and advertiser customers face in this fast-moving market.”
eMarketer also forecasts US mobile ad market size growing at a robust 48 percent year-over-year to $1.1 billion in 2011, with the video ad format within mobile growing the fastest at 124 percent year-over-year. Combining the largest digital video advertising companies, positions Tremor Media as the sole entity that can deliver results against all of these goals.
This story was first covered in TechCrunch: http://techcrunch.com/2011/02/04/exclusive-tremor-media-acquires-mobile-video-ad-platform-transpera/
About Transpera
Transpera is the leading mobile video ad network, enabling app developers to generate the highest CPMs available on mobile via high quality, interactive video ads from leading brands. For brand advertisers, Transpera is The Attention Network, fostering pure, undivided attention between consumers and brands. Transpera is based in San Francisco, Calif. and is funded by top venture firms Flybridge Capital, Intel Capital, First Round Capital, Labrador Ventures and Blackberry Partners Fund. For more information, visit www.transpera.com or follow us on Twitter @transpera.
About Tremor Media
Founded in 2006, Tremor Media (www.tremormedia.com) provides in-stream video advertising solutions to Fortune 1000 brand advertisers and top tier publishers and is widely regarded as the leading video company online. Leveraging their innovative video ad formats and the Acudeo® publisher technology, Tremor Media delivers the mass reach and campaign results advertisers should expect from digital video. Tremor Media is the only video ad platform that pre-approves content at the video stream level, finally giving advertisers control and full confidence in brand safety. Powered by the award-winning SE2 Engagement Engine, Tremor Media’s real-time intelligence gets smarter at finding and engaging viewers with every ad served, enabling the company to welcome and encourage pay-only-for-engagement pricing. Tremor Media is a privately held company headquartered in NYC with 10 national and international offices.