Google eyes mobile ad business and purchases AdMob

Posted on 10. Nov, 2009 by ARK in Business

US Internet leader Google is set to buy AdMob, the mobile advertising business. The deal is set at $750 million.
AdMob has been a leader in the mobile ad business selling ads, especially the banner ads on mobile devices and the ads appear on iPhone or websites that mobile phone devices feature.
Industry experts believe that, Google [...]