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Smart AdServer: Acquires LiquidM | Fintech InShorts: Latest fintech news, analysis by experts

Less than 1 min.Read

Smart AdServer: Acquires LiquidM

By Steve Sam

December 25, 2019

Smart AdServer: Acquires LiquidM

Financial details of the all-cash transaction were not disclosed
LiquidM has 23 employees, is on track to generate over €10M in gross revenue this year and is profitable
Founded in 2013, LiquidM also acquired by German media company Bertelsmann in 2016
Smart Adserver also says it set to grow its gross revenue by 35% to €125M this year
The company says it has been profitable every year since it launched in 2006
Smart’s core business is in Europe its clients include The Financial Times, Altice Media and Axel Springer

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