Otello Announces Completion of AdColony Acquisition by Digital Turbine
Otello Corporation ASA (“Otello”) announced today that Digital Turbine, Inc. (Nasdaq: APPS) has completed its acquisition of Otello’s subsidiary, AdColony Holding AS (“AdColony”). The acquisition of AdColony, a leading mobile advertising platform servicing advertisers and publishers with a reach of more than 1.5 billion monthly global users, is integral to Digital Turbine’s expressed strategy to provide a comprehensive media and advertising solution for Digital Turbine’s operator and OEM partners while enriching the mobile experience for end users by delivering highly relevant content.