6/01/2011

Twitter nearly 10 million U.S. dollars acquisition of online advertising company AdGrok

Twitter has acquired a small Internet advertising company AdGrok. The company's tools can help manage Google advertising campaigns on the site, thereby enhancing the ability of Twitter's revenue.

AdGrok on its website on Tuesday announced the acquisition of Twitter news and claimed that requiring them to develop a "monetization platform. " The company compensation that it worked Google AdWords platform, customer service. However, to 6 at the end, it will stop the service.

AdGrok said in a brief statement, and we are pleased to Twitter acquired AdGrok team. Starting today, we will all the time for the development of Twitter's revenue engineering team.

Twitter did not disclose the acquisition price. However, the technology blog, Techcrunch reported that the acquisition price of less than $ 10,000,000.

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