Singtel's Amobee acquires VC-backed Adconion, Kontera
Amobee, the mobile ad company owned by Singapore telecoms giant SingTel, has acquired two VC-backed digital ad firms: Adconion and Kontera, for $235 million and $150 million, respectively.
Amobee - which was acquired by SingTel from Sequioa Capital and Accel Partners for $321 million in 2012 - will pay around $209 million for both Adconion Direct North America and Adconion Australia, excluding...
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