Mobile ad-tech firm InMobi buys US-based AerServ for $90 mn
Bengaluru-based advertising technology firm InMobi on Wednesday said it has bought the US-based mobile video ad start-up AerServ for $90 million in a cash-and-stock deal. InMobi will also absorb 65-70 employees and executives from AerServ, as part of the deal. Founded in 2007, InMobi is a mobile-first platform allowing brands, developers and publishers to engage consumers through advertising.