Singtel Offloads Amobee To Tremor For $239 Million (Nearly $100 Million Less Than It Paid For Amobee In 2012)
The ill-fated (and relatively brief) love affair between telcos and ad tech really is over. On Monday, Singaporean telco Singtel finally sold mobile-focused marketing platform Amobee to Tremor International for $239 million. The transaction is expected to close in the third quarter. (Read the release.) Tremor went public in June 2021. Its stock, which is […]