Home Investment Ad Exchange AdECN Acquired By Microsoft

Ad Exchange AdECN Acquired By Microsoft

SHARE:

AD ECN advertising exchangeFeeling it couldn’t be left out of the advertising exchange party, Microsoft, acquired tiny AdECN for what some suggest is in the $50-75 million range.

In the wake of previous advertising exchange platform purchases such as Google’s $3.1 billion acquisition of DoubleClick which included its exchange and Yahoo!’s $700 million purchase of RightMedia and RMX, Microsoft evidently felt that it needed to have its own ad exchange tools and AD ECN fit the bill.

In the Microsoft press release, they state, “AdECN brings both key technologies and significant domain expertise to the Microsoft team.”

According to Marketwatch, Microsoft’s Kevin Johnson has said that AD ECN will become part of Microsoft’s growing Ad Center platform.

The tiny, Santa Barbara-based, ad exchange company only has 30 employees and with a rumored purchase price around $70 million, that’s over $2 million for each employee. (OK, we know it doesn’t work like that but it’s fun to do the math.)

No word yet on how the executives of AD ECN will be distributed within management of Microsoft’s advertising initiatives.

Must Read

A comic depicting people in suits setting money on fire as a reference to incrementality: as in, don't set your money on fire!

Retail Media Is Starting To Come To Grips With The Fact That We All Know Nothing

Retail media is entering what might be called its Socratic phase. The closer we to get to understanding an ad campaign’s real impact and business results, the clearer it is that we have no idea how this thing works.

Meta Reels trending ads

Meta Has New Tools For Brand And Performance Goals, With A Focus On AI (Of Course)

Meta is rolling out Reels trending ads, value rules beyond just conversions, upgrades to Threads and pixel-free landing page optimization.

Comic: Shopper Marketing Data

Google Search Ads 360 Adds Criteo As First On-Site Retail Media Supply Partner

Criteo announced a partnership with Google Search Ads 360 (SA360), Google’s enterprise search advertising platform, making Criteo the first third-party vendor to integrate with Google for on-site retail media supply.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Minute Media’s Latest Acquisition Brings Automated Content Creation To Its Online Sports Video Network

As display falters, Minute Media is acquiring AI tech that cuts longer-form video content and full-length games into bite-size clips.

With GAM Going Direct To Buyers, SPO Is The New Normal

GAM’s dinner with ad agencies sparked speculation that Google is preparing to spin off its bundled SSP and ad server as a remedy to its ad tech monopoly. But Google says it’s just part of the trend of SSPs going direct to buyers.

Google’s Proposed Fix To Its Ad Tech Monopoly Is At Odds With The DOJ’s Remedies

Late Friday evening, Google filed its proposed remedies to its ad tech monopoly to District Court Judge Leonie Brinkema, and unsurprisingly, they’re rather mild – and very different from what the Department of Justice is looking for.