Amazon Acquires Assets of Israel-Affiliated Online Advertising Company Sizmek

Amazon | June 03, 2019

 CTech – Amazon announced on Friday an agreement to acquire the ad server and dynamic creative optimization (DCO) technology of online advertising company Sizmek.com (formerly known as Digital Generation, or DG). The financial details of the deal were not disclosed. Following the closing of the deal, the acquired assets will continue operating independently from Amazon Advertising, at least initially, according to a statement. Though headquartered in Austin, Texas, some of Sizmek’s operations are based on Israel-based MediaMind, which it acquired in 2011, rebranding as Sizmek. The company’s research and development center in Israel employs several dozen people. Sizmek entered liquidation in March due to its over-leveraged balance sheet. In April, the company sold its data business for $36 million. Sizmek is the parent company of Israel-based ad management and distribution Peer39.

Spotlight

This report is based on a quantitative study of over 1,200 merchandising, ecommerce and marketing executives in retail, CPG/FMCG and branded manufacturing in twelve countries across North America, Europe and Asia. The playing field has narrowed for many commerce players. There’s not enough margin to compete on price for the long

Spotlight

This report is based on a quantitative study of over 1,200 merchandising, ecommerce and marketing executives in retail, CPG/FMCG and branded manufacturing in twelve countries across North America, Europe and Asia. The playing field has narrowed for many commerce players. There’s not enough margin to compete on price for the long

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