Startups
Acquisitions / Advertising

Comcast buys French adtech company

StickyAds bolsters Comcast's ability to ramp up programmatic video ads.

Comcast HQ. (Photo by Flickr user Ryan Hallock, used under a Creative Commons license)
Full disclosure: Comcast was the title sponsor of Philly Tech Week 2016, which is organized by Technical.ly.

In an official statement released Monday morning, Comcast announced the purchase of StickyAds.tv, a Paris-based adtech company.
Recode’s Peter Kafka, who broke the story on Sunday evening, reported that the French startup will be rolled up into Comcast’s FreeWheel platform, purchased in 2014. The sticker price, Business Insider reported, exceeds $100 million. Comcast wouldn’t immediately confirm that figure.
The press release says the acquisition will create an end-to-end solution enabling clients to manage video inventory across all screens and access on-demand content from any channel.
“We are convinced that the combination of our companies will benefit our respective client bases, most notably the largest TV broadcasters,” said Hervé Brunet, CEO and cofounder of StickyAds. “Our focus on a private exchange, server-side architecture is perfectly aligned with FreeWheel’s technology in addressing the specific needs of premium publishers.”
It’s the latest in a veritable acquisition spree for the Philly-based media giant.
Late last month, Comcast acquired film studio DreamWorks Animation for $3.8 billion. In March it acquired Philly-based sports media startup OneTwoSee for a reported $15 million.

Companies: Comcast
Engagement

Join the conversation!

Find news, events, jobs and people who share your interests on Technical.ly's open community Slack

Trending

Philly daily roundup: Women's health startup wins pitch; $204M for internet access; 'GamingWalls' for sports venues

Philly daily roundup: East Market coworking; Temple's $2.5M engineering donation; WITS spring summit

Philly daily roundup: Jason Bannon leaves Ben Franklin; $26M for narcolepsy treatment; Philly Tech Calendar turns one

Philly daily roundup: Closed hospital into tech hub; Pew State of the City; PHL Open for Business

Technically Media