ironSource to Acquire Bidalgo, Further Deepening Its Platform Offering for App Developers With a Full-Stack Marketing Solution
ironSource (NYSE: IS) has announced its acquisition of Bidalgo, a marketing software company, aimed at enhancing its platform for app marketers. This strategic move allows ironSource to deepen its market presence beyond gaming and expand into social, dating, and e-commerce apps. The acquisition complements ironSource's existing creative management solution, Luna Labs, offering app marketers a comprehensive toolset for managing and optimizing their marketing investments. Financial terms of the deal remain undisclosed.
- Acquisition of Bidalgo enhances ironSource's marketing capabilities, providing a comprehensive solution for app marketers.
- Expansion into non-gaming apps broadens ironSource's market presence.
- Combining technology from Bidalgo and Luna Labs creates an end-to-end marketing operation for app developers.
- None.
App Marketers
In addition, the acquisition is intended to deepen ironSource’s market presence across the entire
“In order to successfully grow their apps, it’s critical that app developers are able to measure, control, and effectively allocate funds across multiple marketing channels. That’s why it made perfect sense to partner with Bidalgo in offering truly cross-channel management and optimization of every element of marketing activity through the ironSource platform,” said
"When we founded Bidalgo more than ten years ago, we had a simple goal in mind: we wanted to build the best platform for marketers to optimize their investment towards exceptional business results,” said
“ironSource and Bidalgo already work with many of the same customers, who use multiple products on the ironSource platform along with Bidalgo’s marketing technology,” said
Financial and legal terms of the deal were not disclosed.
About ironSource
ironSource is a leading business platform for the App Economy. App developers use ironSource's platform to turn their apps into successful, scalable businesses, leveraging a comprehensive set of software solutions which help them grow and engage users, monetize content, and analyze and optimize business performance to drive more overall growth. The ironSource platform also empowers telecom operators to create a richer device experience, incorporating relevant app and service recommendations to engage users throughout the lifecycle of the device. By providing a comprehensive business platform for the core constituents of the App Economy, ironSource allows customers to focus on what they do best, creating great apps and user experiences, while enabling their business expansion in the App Economy. For more information please visit www.is.com
About Bidalgo
Bidalgo is an established leader in marketing intelligence, serving as a driving force behind the digital success of global brands. Bidalgo’s Marketing Intelligence platform maximizes the effectiveness of paid marketing by enabling companies to visualize, analyze, and control their investment—all in a highly customizable, out-of-the-box solution enriched by creative data. With six offices across the globe and partnerships with dozens of networks, including Facebook, Google, Apple,
Cautionary Statement Regarding Forward-Looking Statements
This press release includes various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, which represent our management’s beliefs and assumptions concerning future events. These statements are intended to qualify for the “safe harbor” from liability established by the Private Securities Litigation Reform Act of 1995. Examples of such forward-looking statements include, but are not limited to, statements regarding the expected timing and impact of the transaction, the benefits and cost synergies of the transaction, expected impacts to operating expenditures, ironSource’s business strategy and competitive position following the consummation of the transactions as well as ironSource’s future prospects, business strategies and projections for future periods. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements but are not the exclusive means for identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. You should understand that a number of factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements, such as the failure to consummate the transaction; failure to satisfy closing conditions to the transaction; failure to realize the synergies or benefits of the transaction; and other important factors set forth under “Risk Factors” in the Company’s Registration Statement on Form F-1 (Registration No. 333-258223) originally filed with the
View source version on businesswire.com: https://www.businesswire.com/news/home/20211025005439/en/
Media:
michal.chafets@is.com
+972548300831
olivia.davis@fgh.com
+1646-918-4742
Investor Relations:
daniel.amir@is.com
+1415-726-5900
Source: ironSource
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