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Friday, August 26, 2016

Mobile ad startup AppLovin in talks for $1.5 billion acquisition

{rss:content:encoded} Mobile ad startup AppLovin in talks for $1.5 billion acquisition http://ift.tt/2bmCYjC http://ift.tt/2bmbGNq August 26, 2016 at 07:26PM applovin Mobile ad startup AppLovin is in talks with a Chinese buyer for an acquisition of around $1.5 billion, according to multiple sources with knowledge of the company. We have not confirmed the identity of the acquirer. The deal is not yet finalized and details may change. Founded in 2012 by CEO Adam Foroughi along with Andrew Karam and John Kyrstynak, San Francisco-headquartered AppLovin operates… Read More

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