Filed under: Google (GOOG)
While attending the MBA program at the Wharton School, Omar Hamoui was trying to solve a big problem. Basically, he wanted to find a way to get advertising revenues from his mobile site. Then he realized that many other sites probably had the same problem. So why not begin a company to solve the problem?
That what he did, creating AdMob (yes, he’s still on leave from Wharton). And, it was a great move. This day, Google (GOOG) concurred to purchase AdMob for a cool $750 million in stock.
Continue reading Google gets mobile with a $750 million deal for AdMob
Google gets mobile with a $750 million deal for AdMob originally appeared on BloggingStocks on Mon, 09 Nov 2009 15:00:00 EST. Please see our terms for use of feeds.
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