Home Mobile Machine Zone Shuts Down Its DSP, Lays Off 125 Employees, Including Media Buyers

Machine Zone Shuts Down Its DSP, Lays Off 125 Employees, Including Media Buyers

SHARE:

Machine Zone’s (MZ) experiment with homegrown ad tech is over.

The gaming company shuttered Cognant, an internal demand-side platform created in 2016 to help MZ’s media buying team plan, create, buy, optimize and measure marketing campaigns.

MZ laid off the entire Cognant team in June, as well as around half of its in-house media buyers, roughly 125 ad ops people in total, all located in the Bay Area. MZ declined to comment publicly, but a person close to the company confirmed the closure and the layoffs.

The tech was originally developed to help MZ promote and monetize its own titles, in particular “Game of War: Fire Age,” “Mobile Strike” and “Final Fantasy XV: A New Empire” – some of the top-grossing games in the world.

MZ soon after made the Cognant technology generally available to other mobile performance marketers.

Cognant, which plugged into more than 200 ad networks, including Google and Facebook, claimed to manage tens of millions in marketing dollars per month and, according to its website, to use its position as “the largest mobile media buyer on the planet to drive efficiencies across the board for all advertisers.”

However, it’s possible advertisers weren’t seeing the expected returns.

The move to wind up Cognant is also part of a company-wide revivification centered on getting back to MZ’s core reason for being: mobile games.

But, recently, MZ had gotten away from its roots with Cognant and other ventures, including Satori, which started as a division focused on creating AI-powered blockchain technology that aggregates public real-time data feeds. Use cases range from analyzing how public transit systems are functioning – Satori ran a test of this in New Zealand a couple of years ago – to streaming data for self-driving cars. Satori is even planning to launch its own digital token soon.

MZ’s co-founder and CEO, Gabe Leydon, left his post in June to lead the tokenization of Satori’s tech, with plans to spin the company off into a standalone business. MZ’s COO, Kristen Dumont, was elevated to chief exec at the same time CTO Vincenzo Alagna was appointed president of games.

Shedding Satori and shutting down Cognant, as well as folding games more completely into the C-suite, all appear to be part of a strategy to streamline the business and concentrate on gaming.

Must Read

Scott’s Miracle-Gro Is Seeing Green With Retail Media

It’s lawn season – and you know what that means. Scott’s Miracle-Gro commercials, of course. Except this time, spots for Scott’s will be brought to you by The Home Depot’s retail media network.

Walled Garden Platforms Are Drowning Marketers In Self-Attributed Sales

Sales are way up; ROAS is through the roof across search, social and ecommerce. At least, that’s what the ad platforms say.

Comic: Working Hard or Hardly Working?

Shadier Than Forbes? Premium Publishers Are Partnering With Content Farms To Make A Quick Programmatic Buck

The practice involves monetizing resold subdomains jammed with recycled MFA articles produced by notorious content farms.

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

Adalytics Claims Colossus SSP Is Misdeclaring IDs In Its Bid Requests

Colossus SSP, a DEI-focused supply-side platform owned by Direct Digital Holdings (DDH), is the subject of Adalytics’ latest report released Friday. It’s a doozy.

The Trade Desk Reframes Its Open Internet Vision As ‘The Premium Internet’

The Trade Desk is focusing beyond the overall “open internet” and on what CEO Jeff Green calls the “premium internet.”

Comic: Welcome Aboard

Google Search’s Core Updates Are Crushing Sites And Reshaping The Web

Google Search, the web’s largest traffic and revenue generator for two decades, is in the midst of sweeping overhauls that have already altered how users are funneled around the internet.