Brand management company BlueFocus Communication Group acquires in two chinese mobile ad companies
19 June 2015, 09:11
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The report revealed that BlueFocus will acquire a 100% stake in Domob
Limited and a 95% stake in Domob Network Technology for USD289 million;
and the company will acquire a 51% stake in Madhouse Inc. for USD61.2
million. At the same time, BlueFocus will invest an additional USD10
million in Madhouse and they will hold a 54.77% stake in the latter on
the completion of the investment.
Madhouse is headquartered in Shanghai and has over 240 employees. The company focuses on China and India markets. It provides mobile advertising and optimization services to developers in China.
Madhouse is headquartered in Shanghai and has over 240 employees. The company focuses on China and India markets. It provides mobile advertising and optimization services to developers in China.
