Invite Media

Last updated
Invite Media
TypeSubsidiary of Google Inc.
Industry Advertising
Founded Philadelphia, Pennsylvania (April 2007 (2007-04))
FounderNathaniel Turner
Zachary Weinberg
Scott Becker
Michael Provenzano
Headquarters,
Website www.invitemedia.com

Invite Media is a display advertising and exchange bidding company that was acquired by DoubleClick, a subsidiary of Google Inc., on June 3, 2010 [1] [2] for $81 million. [3] Prior to Google's acquisition, Invite Media partnered up with AlmondNet, a data aggregator and intellectual property licensor. [4]

Contents

History

Invite Media was founded in April 2007, and they are the creators of Bid Manager, a "universal buying platform" for display media. [5] Bid Manager supports many different advertisement exchanges, including DoubleClick, Yahoo, Google, AdBrite, Microsoft, and Right Media. [6] [ third-party source needed ] Even though Yahoo directly competes with Google in many different areas, Yahoo has stated that they plan to continue working with demand-side platforms, including Invite Media. [7] [8] In an interview with AdExchanger, Google publicly stated that they would not give their own DoubleClick Ad Exchange an unfair advantage, and their technology will remain unbiased and neutral, however, they plan on making it work seamlessly with their own DoubleClick for Advertisers ad serving product. [9] By purchasing Invite Media, Google gained a demand-side platform, which allows advertisement buyers to purchase advertisements from several different advertisement exchanges through a single interface. [10] [11] [12]

Invite Media was purchased shortly after Google completed their acquisition of AdMob on May 2, 2010. [13] [14] Google's purchase of Invite Media has caused controversy among consumer advocacy groups, as John M. Simpson of Consumer Watchdog puts it: "The ink is hardly dry on Google's questionable AdMob acquisition, and the Internet giant is forging ahead with an insatiable appetite for more. When is enough, enough?" [15] There was speculation about Google acquiring Invite Media almost as soon as the AdMob deal was successfully completed, because Invite Media offered "a three-year-old “demand-side platform” designed to help buyers navigate high-volume display-advertising exchanges". [16]

Related Research Articles

Digital display advertising is online graphic advertising through banners, text, images, video, and audio. The main purpose of digital display advertising is to post company ads on third-party websites. A display ad is usually interactive, which allows brands and advertisers to engage deeper with the users. A display ad can also be a companion ad for a non-clickable video ad.

DoubleClick Inc. was an American advertisement company that developed and provided Internet ad serving services from 1995 until its acquisition by Google in March 2008. DoubleClick offered technology products and services that were sold primarily to advertising agencies and mass media, serving businesses like Microsoft, General Motors, Coca-Cola, Motorola, L'Oréal, Palm, Inc., Apple Inc., Visa Inc., Nike, Inc., and Carlsberg Group. The company's main product line was known as DART, which was intended to increase the purchasing efficiency of advertisers and minimize unsold inventory for publishers.

<span class="mw-page-title-main">Google Ads</span> Online advertising platform owned by Google

Google Ads is an online advertising platform developed by Google, where advertisers bid to display brief advertisements, service offerings, product listings, and videos to web users. It can place ads in the results of search engines like Google Search, mobile apps, videos, and on non-search websites. Services are offered under a pay-per-click (PPC) pricing model.

Yahoo! Native is a native "Pay per click" Internet advertising service provided by Yahoo.

Pay-per-click (PPC) is an internet advertising model used to drive traffic to websites, in which an advertiser pays a publisher when the ad is clicked.

An online advertising network or ad network is a company that connects advertisers to websites that want to host advertisements. The key function of an ad network is an aggregation of ad supply from publishers and matching it with advertiser's demand. The phrase "ad network" by itself is media-neutral in the sense that there can be a "Television Ad Network" or a "Print Ad Network", but is increasingly used to mean "online ad network" as the effect of aggregation of publisher ad space and sale to advertisers is most commonly seen in the online space. The fundamental difference between traditional media ad networks and online ad networks is that online ad networks use a central ad server to deliver advertisements to consumers, which enables targeting, tracking and reporting of impressions in ways not possible with analog media alternatives.

Online advertising, also known as online marketing, Internet advertising, digital advertising or web advertising, is a form of marketing and advertising which uses the Internet to promote products and services to audiences and platform users. Online advertising includes email marketing, search engine marketing (SEM), social media marketing, many types of display advertising, and mobile advertising. Advertisements are increasingly being delivered via automated software systems operating across multiple websites, media services and platforms, known as programmatic advertising.

Microsoft Advertising is an online advertising platform developed by Microsoft that provides pay per click advertising on the Bing, Yahoo!, and DuckDuckGo search engines, as well as on other websites, mobile apps, and videos.

<span class="mw-page-title-main">Targeted advertising</span> Form of advertising

Targeted advertising is a form of advertising, including online advertising, that is directed towards an audience with certain traits, based on the product or person the advertiser is promoting. These traits can either be demographic with a focus on race, economic status, sex, age, generation, level of education, income level, and employment, or psychographic focused on the consumer values, personality, attitude, opinion, lifestyle and interest. This focus can also entail behavioral variables, such as browser history, purchase history, and other recent online activities. The process of algorithm targeting eliminates waste.

An ad exchange is a technology platform that facilitates the buying and selling of media advertising inventory from multiple ad networks. Prices for the inventory are determined through real-time bidding (RTB). The approach is technology-driven as opposed to the historical approach of negotiating price on media inventory. This represents a field beyond ad networks as defined by the Interactive Advertising Bureau (IAB), and by advertising trade publications.

Xandr, formerly known as AppNexus, is an American multinational technology company operating a cloud-based software platform that enables and optimizes programmatic online advertising. Headquartered in the Flatiron District of New York City, the company has 23 offices in North America, Latin America, Europe, Asia and Australia.

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

BrightRoll was a programmatic video advertising platform that was acquired by Yahoo!. BrightRoll's video platform became Yahoo's primary video advertising marketplace and demand-side platform. The BrightRoll brand was discontinued by Verizon Media, the parent company of Yahoo, in favor of Verizon Media Video SSP after the company merged. Yahoo and AOL consolidated the ad platforms during 2017–2018 to phase out duplicate platforms.

A supply-side platform (SSP) or sell-side platform is a technology platform to enable web publishers and digital out-of-home (DOOH) media owners to manage their advertising inventory, fill it with ads, and receive revenue. Many of the larger web publishers of the world use a supply-side platform to automate and optimize the selling of their online media space.

A demand-side platform (DSP) is a concept that combines various software solutions for advertisers to automate the process of buying and selling ad impressions in real time.

Chango, Inc. was a Canadian-based online marketing company with a focus on search retargeting and programmatic marketing. The company was founded in 2008, acquired by Rubicon Project in 2015 for $122 million, and closed down in 2017.

Real-time bidding (RTB) is a means by which advertising inventory is bought and sold on a per-impression basis, via instantaneous programmatic auction, similar to financial markets. With real-time bidding, advertising buyers bid on an impression and, if the bid is won, the buyer's ad is instantly displayed on the publisher's site. Real-time bidding lets advertisers manage and optimize ads from multiple ad-networks, allowing them to create and launch advertising campaigns, prioritize networks, and allocate percentages of unsold inventory, known as backfill.

24/7 Media, formerly 24/7 Real Media is a technology company headquartered in New York City and 20 offices in 12 countries, specializing in Digital Marketing. It provides for publishers, advertisers and agencies globally. It was formerly listed as "TFSM" on the NASDAQ stock exchange. The company was purchased by WPP plc in 2007 for $649 million. David J. Moore is the chairman, founder and CEO. He also served as chairman of the Interactive Advertising Bureau. In December, 2013, 24/7 Media announced it would merge with GroupM subsidiary, Xaxis.

TubeMogul is an enterprise software company for brand advertising.

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

Smaato is a digital ad tech platform and ad server. Smaato's self-serve omnichannel monetization solution lets publishers manage their entire ad stack in one place. Ad monetization technology lets publishers keep content free.

References

  1. "Investing in Exchange Bidding". DoubleClick Advertiser Blog. 3 June 2010.
  2. "Invite Media is now part of Google". Nothing To Say. 3 June 2010.
  3. "Google's Final Price Tag for Invite Media: $81 Million". Media Memo - All Things Digital. 9 June 2010.
  4. "Invite Media, Almondnet partner for keyword, segmented data". Almondnet.com. 30 May 2010.
  5. "Invite Media - About Us". Archived from the original on 2010-02-08. Retrieved 2010-06-04.
  6. Invite Media - Official Website
  7. "Demand-Side Platforms: The Pilot". Yahoo Advertising Blog. 15 March 2010.
  8. "Yahoo!'s McGrory Says We'll Keep Working With DSP Partners (Invite Media)". AdExchanger.com. 3 June 2010.
  9. "Google VP Of Product Neal Mohan Discusses Invite Media Acquisition With AdExchanger.com". AdExchanger.com. 3 June 2010.
  10. "Google's Mohan: Invite Media Fills A Missing Piece In Display Strategy". paidcontent.com. 3 June 2010.
  11. "Google Buys a DSP". Gartner Blog Network. 3 June 2010.
  12. "Google Buys DSP Invite Media". Adweek.com. 3 June 2010.
  13. "We've officially acquired AdMob!". Official Google Blog. 27 May 2010.
  14. "Google Continues to Expand Its Advertising Empire". Forbes. 25 May 2010.
  15. "Consumer Groups Call on FTC to Investigate Latest Google Ad Company Purchase". PR Newswire. 3 June 2010.
  16. "With AdMob Out of the Way, Is Google Set to Buy Invite Media?". Media Memo - All Things Digital. 23 May 2010.