Social purpose: Oxygen for your brand health vitals
If trust is the new currency, then we’re in deep trouble. Here's why.
Yahoo buys Flurry to make more money from mobile apps
The deal could help Yahoo better target ads on mobile devices
Yahoo has reached an agreement to acquire Flurry, a mobile analytics company, as part of a push to grow its advertising revenue within its mobile products.
Flurry provides tools that help developers and publishers learn more about who's using their apps in order to better target them with ads. The information, including gender, age and location, helps Flurry play digital matchmaker between publishers and advertisers. The technology can be used to place banner, full-screen and video ads.
The San Francisco-based company says it receives data from over 540,000 apps on 1.4 billion devices worldwide. Apps that use its technology include Skype, Pinterest and the BBC's news app, the company says.
Flurry could help Yahoo make more money from its growing lineup of mobile apps, potentially allowing it to better target ads and offer more personalized features.
"When completed, our acquisition of Flurry will be a meaningful step for the company and reinforces our commitment to building and supporting useful, inspiring and beautiful mobile applications and monetization solutions," said Scott Burke, Yahoo's senior VP of advertising technology, in a blog post.
He said Flurry's technology helps brands better reach their audiences, providing data on both the desktop and mobile use.
Yahoo didn't disclose the terms of the deal, though a report on the tech news site Re/code put the value at "hundreds of millions" of dollars.
Flurry's team will remain in San Francisco, Yahoo said, and its products will "continue to serve the application developer community."
Yahoo CEO Marissa Mayer has been focused on turning Yahoo around and growing its business since she took over as CEO in 2012. Mobile has been her main focus, with new or redesigned apps like Yahoo News Digest, Mail and Flickr released over the past year.
Mobile has not been a strong sales driver for Yahoo, but that could be beginning to change. Last week, during the company's second-quarter sales call, mobile was described as being "meaningful" to Yahoo's bottom line -- a change from "not material" in previous quarters. Yahoo's total sales were still down by 4 percent.
"We will work to make our tools, targeting and processes more efficient at showing the right ads to the right user," Mayer said last week.
Zach Miners covers social networking, search and general technology news for IDG News Service. Follow Zach on Twitter at @zachminers. Zach's e-mail address is zach_miners@idg.com
https://bit.ly/2qLgzmR Transform your life a proven digital blueprint
Okitoi Steven
How this banking group tackled a digital marketing transformation
Its great to hear that companies including JCDecaux, oOh!media, Omnicom and Posterscope Australia have all partnered with Seedooh inorder...
Blue Mushroom Infozone Pvt Ltd
Out of home advertising companies strive for greater metrics and transparency
Much ado about nothingAnother fluff piece around what it could possibly do rather than what it is doing
gve
How AMP is using AI to create effortless ‘experiences’
is it true that Consumer expectations are also changing as a result. If we trust someone with our data there is also an expectation that ...
Sunita Madan
Society will decide where digital marketing takes us next: Oracle
This Blog is Very interesting to read and thank you for sharing the valuable information about Machine Learning. The information you prov...
johny blaze
What machine learning has done for the Virgin Velocity program