San Francisco, California (PRWEB) September 10, 2015 -- ironSource, a world leader in app discovery, and Supersonic, a leading mobile monetization platform, today announced a conclusive merger agreement of the companies’ executive teams and platform services. The merger will enable a world-class product offering with massive scale, providing developers and advertisers the industry’s most complete end-to-end solution for mobile monetization and marketing.
The merger is founded on a deep mutual understanding of the mobile ecosystem and its challenges with app distribution and monetization. The latest platform combination will allow developers to exceed monetization goals with a single centralized SDK which includes mobile video, offerwall, interstitial and display, in addition to full mediation support for all ad products. For performance and brand advertisers, the combined reach of one billion monthly users will dramatically enhance existing tools for user acquisition and brand campaigns.
“There are many inconsistencies in the mobile industry that we are poised to solve with this merger. Issues such as cross screen tracking, user targeting and reporting. Together, our companies will become the go-to platform for mobile developers and advertisers,” said Tomer Bar Zeev, CEO of ironSource. “We believe that combining Supersonic’s strengths with ironSource’s data, scale and technology will position us to be the market leader in mobile analytics, distribution and monetization. With Supersonic, we are significantly adding to our reach to make us one of the largest players in the industry.”
Client relationships are central to both companies, which will continue moving forward. Both company’s existing partners will work with the same dedicated teams and now have access to a more comprehensive set of solutions.
Gil Shoham, CEO of Supersonic, added, “While our businesses complement each other perfectly, the real driving force behind this deal was a shared vision. Today, mobile developers and advertisers are forced to work with multiple partners in order to achieve their goals. Our combined product offering will now provide developers the most complete independent platform at scale. By joining forces, we will be able to bring more value to our customers and accelerate the investment in our technology.”
Founded in 2010 in Tel Aviv, ironSource has been profitable from day one, and is now the world's largest app discovery platform. The company has 550 employees spread across 4 continents. At its core, ironSource is a data and analytics company which connects people with apps across different touch points. The company reaches 450M unique mobile users a month and delivers 6 million targeted installs a day.
Supersonic is the mobile monetization and marketing platform trusted by the world's top publishers and advertisers. Leading the industry with video mediation, video SDKs and user acquisition technology, Supersonic maximizes revenue and drives effective user acquisition for its developer partners. Supersonic reaches over 550MM unique users globally driving over one million daily installs.
Founded in 2009 and employing 250 people, Supersonic is headquartered in San Francisco with offices in Tel Aviv, New York, London and Beijing. For more information, visit http://www.supersonic.com, and follow on us on Twitter @SupersonicAds.
Terry Koh, Supersonic, http://www.supersonic.com, +1 650 825 6010, [email protected]