AppLovin agreed to acquire mobile ad firm MoPub from Twitter today for $1.05 billion in cash. The deal is a combination of marketing, advertising, and gaming properties — all fused into one company — that may raise some eyebrows in the industry.
San Francisco-based AppLovin has come a long way and is now a publicly traded company valued at $27.9 billion. AppLovin was founded in 2012 by Adam Foroughi, John Krystynak, and Andrew Karam. It focused on mobile advertising, marketing, and analytics at a time when mobile games were taking off and becoming the biggest platform for the game industry.
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