Google announced this morning that they have officially acquired Admob, a mobile display advertising company. AdMob Founder Omar Hamoui said “We’re proud of the progress we’ve made towards accomplishing this goal, and joining Google will only accelerate this process, ultimately leading to very real benefits for end users around the world. As publishers and developers generate more revenue from their mobile products, they will invest more, and their mobile offerings will become richer, more creative and more robust.” The acquisition set Google back $750 million and completes their mobile display platform.
