Google to fight FTC if AdMob deal blocked

| May 19, 2010 | Comments (0)




Google Chief Executive Eric Schmidt said his company is prepared to fight the U.S. government if the FTC blocks their acquisition of mobile advertising company AdMob.

A decision is expected in a few weeks from the FTC.

Google purchase Admob in November 2009 for US$750 million. Apple was also throwing up and offer but Google substantially overpaid to the keep the company out of Apple’s hands.

Apple is now moving away from AdMob advertising in the apps to the iAD advertising system which keeps all advertising in app instead of our of apply advertising like AdMob.,

Tags: , , , , , ,

Category: Apple, Google

Share this article





About David Cowling: I am the Founder and Chief Editor of SocialMediaNews.com.au. Feel free to get in touch whatever your comment/enquiry. I also run a Social Media Agency where I do consulting work. I am always looking for new business, partnerships, networking opportunities and contributing authors. I welcome you to follow me on Twitter/ Add me on Facebook, connect on LinkedIn or Google +.

        View author profile.

Leave a Reply




If you want a picture to show with your comment, go get a Gravatar.