Azerion Group N.V.

Last updated
Azerion Group N.V.
Azerion Group N.V.
Company type Public company
FoundersAtilla Aytekin
Umut Akpinar
Headquarters
Key people
Atilla Aytekin (CEO)
Umut Akpinar (CEO)
Ben Davey (CFO)
Joost Merks (CM&A)
Sebastiaan Moesman (CSO)
Julie Duong Ferat (CFO)
Gönenç Tarakcioglu (CPO)
Revenue
  • Increase2.svg EURЄ 515 million (FY 2023 and + 38% Adjusted EBITDA growth vs FY 2022
Number of employees
1110+ FTEs (2023)
Website www.azerion.com
Footnotes /references
[1]

Azerion Group N.V. (or Azerion) is a public company founded in 2014 and is active within Europe's digital advertising and entertainment industry. Functioning primarily as a digital media platform, the company facilitates connections between advertisers and a global audience through the application of its proprietary technological solutions. [2] [3]

Azerion also manages a portfolio of owned content and maintains partnerships with digital publishers. Headquartered in Amsterdam, with commercial teams in over 26 cities worldwide, Azerion provides advertising solutions to its clients and partners. [4]

History

Aytekin and Akpinar met at the Turkish student association at TU Delft. In 2004, they founded Triodor Software and Orange Games later the same year before renaming it Azerion. [5]

Founded in late 2013, Azerion commenced operations in 2014 with an initial team of 45 employees. Over time, the company transitioned from its origins in social and casual games to establish itself in Europe's digital advertising and entertainment industry.[ citation needed ]

In 2016, Azerion broadened its scope by entering the distribution of digital goods via e-commerce with the acquisition of Voidu. [6] [7]

Azerion became a publicly-traded company listed on Euronext Amsterdam in February 2022 following a merger with EFIC1, an already publicly traded special-purpose acquisition company. [8]

In 2023, Azerion co-CEO Atilla Aytekin stepped down after an investigation by the Dutch Financial Market Authority was launched, citing possible market manipulations. [9]

Related Research Articles

<span class="mw-page-title-main">Lagardère Group</span> French media company

Lagardère S.A. is an international group with operations in over 40 countries. Based in the 16th arrondissement of Paris, the group was founded and created in 1992 by Jean-Luc Lagardère under the name Matra, Hachette & Lagardère.

<span class="mw-page-title-main">Heineken N.V.</span> Dutch multinational brewing company

Heineken N.V. is a Dutch multinational brewing company, founded in 1864 by Gerard Adriaan Heineken in Amsterdam. As of 2019, Heineken owns over 165 breweries in more than 70 countries. It produces 348 international, regional, local and speciality beers and ciders and employs approximately 85,000 people.

<span class="mw-page-title-main">ING Group</span> Dutch multinational banking and financial services corporation

The ING Group is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services. With total assets of US$967.8 billion, it is one of the biggest banks in the world, and consistently ranks among the largest banks globally.

<span class="mw-page-title-main">Euronext</span> European financial services company

Euronext N.V. is a European bourse that provides trading and post-trade services for a range of financial instruments.

<span class="mw-page-title-main">Endemol</span> Former Dutch media company

Endemol B.V. was a Dutch-based media company that produced and distributed multiplatform entertainment content. The company annually produced more than 15,000 hours of programming across scripted and non-scripted genres, including drama, reality TV, comedy, game shows, entertainment, factual and children's programming.

LiveRamp Holdings, Inc., is a San Francisco, California-based SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.

NYSE Euronext, Inc. was a transatlantic multinational financial services corporation that operated multiple securities exchanges, including the New York Stock Exchange, Euronext and NYSE Arca. NYSE merged with Archipelago Holdings on March 7, 2006, forming NYSE Group, Inc. On April 4, 2007, NYSE Group, Inc. merged with Euronext N.V. to form the first global equities exchange, with its headquarters in Lower Manhattan. The corporation was then acquired by Intercontinental Exchange, which subsequently spun off Euronext.

Quadient is an international company specialized in mailing equipment, business process automation and customer experience management. It was originally founded as Neopost. As of 2019, the company had about 5,693 employees and annual sales of €1.14 billion. Its products and services are sold in about 90 countries. Quadient is a company listed on the Euronext Paris market. Its stock ticker is QDT.

<span class="mw-page-title-main">Maxeda</span> Dutch retail company

Maxeda is a Dutch retail company owned by American investment firm Kohlberg Kravis Roberts & Co. (KKR) which is currently a market leader in the DIY retailing in The Netherlands, Belgium and Luxembourg. When Maxeda acquired Vendex KBB, Maxeda owned the three most prominent Dutch department stores: Vroom & Dreesmann and De Bijenkorf, both sold in 2010, and HEMA, sold in 2007.

<span class="mw-page-title-main">LBi</span> Dutch marketing and technology company

LBi International N.V. was a global marketing and technology agency, now merged with Digitas to form DigitasLBi.

<span class="mw-page-title-main">NIBC Bank</span> Commercial bank in the Netherlands

NIBC Bank N.V. is a commercial bank in the Netherlands offering corporate and retail banking products and services. Its corporate banking activities range from advising, structuring, financing and co-investing across debt and equity in Northwest Europe with a focus on the Netherlands and Germany. The retail banking activities primarily consist of mortgage lending in the Netherlands and online retail savings products and services in the Netherlands, Germany and Belgium via the NIBC Direct brand.

<span class="mw-page-title-main">Intertrust Group</span> Dutch corporate management service company

Intertrust is an international trust and corporate management company based in Amsterdam, Netherlands. In November 2022, it was acquired by Corporation Service Company. The company is best known for its fiduciary services, which includes tax, trust, business management and outsourcing processes. It is the largest trust office in the Netherlands.

Galapagos NV is a Belgian pharmaceutical research company which was founded in 1999. Its headquarters are located in Mechelen and has additional locations in Leiden, Romainville, Basel, Milan, Madrid, Boston and Zagreb.

Radionomy was an online platform that provided tools for operating online radio stations. It was part of Radionomy Group, a company which later acquired the online streaming platform SHOUTcast from Nullsoft, and eventually consolidated Radionomy into its SHOUTcast service.

<span class="mw-page-title-main">Ahold Delhaize</span> Dutch multinational retail and wholesaling company

Koninklijke Ahold Delhaize N.V., commonly known as Ahold Delhaize, is a Dutch-Belgian multinational retail and wholesale holding company. Its name comes from the 2016 merger of two companies: Ahold (Dutch) and Delhaize Group (Belgian), which both have origins in the 1800s. Its business format includes supermarkets, convenience stores, hypermarkets, online grocery, online non-food, drugstores, and liquor stores. Its 16 local brands employ 402,000 people at 7,716 stores across nine countries. The United States is where two-thirds of the holding company's revenue is generated.

<span class="mw-page-title-main">Getronics</span> Dutch ICT company

Getronics is a Dutch-headquartered ICT services business, founded in 1887 and today employing approximately 4,000 employees across Europe, Asia Pacific, and Latin America. Getronics has over 2000 customers, including Credit Agricole, Intersnack, and Inditex, as well as Ford Motors, which the company has served for over 35 years. Getronics is also founding member of the Global Workspace Alliance, a consortium of leading local IT companies delivering IT services in over 180 countries.

<span class="mw-page-title-main">Besi</span>

BE Semiconductor Industries N.V., simply called Besi, is a Dutch multinational company that designs and manufacturers semiconductor equipment. Besi offers die attach, packaging, and plating solutions.

Acxiom is a Conway, Arkansas-based database marketing company. The company collects, analyzes and sells customer and business information used for targeted advertising campaigns. The company was formed in 2018 when Acxiom Corporation spun off its Acxiom Marketing Services (AMS) division to global advertising network Interpublic Group of Companies.

<span class="mw-page-title-main">Prosus</span> Internet Investment division of Naspers

Prosus N.V., or Prosus, is a global investment group that invests and operates across sectors and markets with long-term growth potential. It is among the largest technology investors in the world.

Signify N.V., formerly known as Philips Lighting N.V., is a Dutch multinational lighting corporation formed in 2016 as a result of the spin-off of the lighting division of Philips, by means of an IPO. The company manufactures electric lights, light fixtures and control systems for consumers, professionals and the IoT. In 2018, Philips Lighting changed its name to Signify. The company still produces lights under the Philips brand.

References

  1. "Azerion Group (AMS:AZRN) Full Year 2022 Results".
  2. "Azerion Group N.V. (AMS:AZRN) Is Expected To Breakeven In The Near Future". simplywall.st. 2023-08-20. Retrieved 2023-09-14.
  3. "Azerion NV lists in Amsterdam at $1.2 billion market capitalisation". Reuters. 2022-02-02. Retrieved 2023-09-14.
  4. "Azerion Holding B.V. Strategy Deep Dive Q3 2022" (PDF).
  5. Aytekin, Atilla (2006). Atilla's Dutch Dream (in Dutch). Nieuw Amsterdam. ISBN   9789046801833.
  6. "Gaming platform Voidu selects Worldline as payments partner". IBS Intelligence. Retrieved 2023-09-14.
  7. NV, Azerion Group (2023-04-26). "Publication of 2022 Annual Report of Azerion Group N.V." GlobeNewswire News Room. Retrieved 2023-09-14.
  8. "Azerion Group NV lists on Euronext Amsterdam". 2022-02-02. Retrieved 2023-09-14.
  9. "Topman gamesbedrijf Azerion tijdelijk weg vanwege onderzoek AFM". Telegraaf (in Dutch). Retrieved 2023-05-06.