AcuityAds Provides Integration Update on Acquisitions and Announces Key Win with Global Manufacturer
TORONTO, ON; NEW YORK, NY, OCTOBER 2ND, 2017
The 3 Companies Combined Offer Marketers a More Powerful and Holistic Digital Advertising Solution
TORONTO and NEW YORK, Oct. 2, 2017 /CNW/ – AcuityAds Holdings Inc. (TSXV:AT OTCQB:ACUIF) (“AcuityAds” or “Company”), a technology leader that enables advertisers to connect intelligently with audiences across video, mobile, social and online display advertising campaigns, today provided an integration update regarding its recent acquisitions.
AcuityAds acquired 140 Proof for its social signal-based mobile offering and acquired Visible Measures for its analytics-led video offering. The integrated company enables its sales force to provide a more powerful holistic solution and engage in expanded conversations with brands to capture a greater share of their digital advertising spend. Some of the key elements and business benefits the Company has gained from the integration efforts on both acquisitions include:
“Our acquisition strategy is focused on adding complementary offerings to our industry leading programmatic marketing platform to provide brands and agencies unique and holistic solutions that provide competitive advantage,” stated Tal Hayek, CEO AcuityAds. “We are extremely pleased with how quickly we were able to successfully integrate the three companies in terms of resources, operations, product offerings and sales force execution. I am also delighted to report that Visible Measures, our most recent acquisition, is currently meeting our expectations from both a revenue and operational cost perspective.”
The Company also announced that it has received an order totaling approximately CDN $700,000 from a global technology manufacturer. This global brand will be running multiple digital campaigns throughout the fourth quarter to coincide with their new product launch efforts.
“The combined offering as a result of these acquisitions has enabled Acuity to elevate its value proposition and earn a legitimate seat at the table with the largest brands in the world. This order from a global manufacturer is a direct result of our cross-selling ability and serves as validation that our acquisition and integration strategy is working well,” added the AcuityAds CEO.
The Company will continue to promote the value proposition of the combined offerings and showcase “How to capture audience attention using digital advertising” at various industry events including: Brand Innovators Summits, Advertising Week: NewYork and Ad:Tech London.
About AcuityAds:
AcuityAds is a technology company that enables marketers to connect intelligently with their most meaningful audiences through digital media. A Self-Serve programmatic marketing platform, powered by machine learning, is at the core of our business. This is accompanied by strategic digital advertising solutions that cater to social, mobile and video-specific needs. AcuityAds empowers marketers by offering transparency on costs and brand safety, and real-time reporting and analytics, bringing accountability to programmatic advertising to deliver business results.
AcuityAds is headquartered in Toronto, Canada with sales offices in New York City, Boston, Chicago, Los Angeles, San Francisco, San Diego, Dallas, Vancouver, Calgary, Montreal and London, England. For more information, visit AcuityAds.com.
Disclaimer in regards to Forward-looking Statements
This press release contains “forward-looking statements” that reflect the Company’s current expectations and projections about its future results. When used in this press release, forward looking statements can be identified by the use of words such as “may”, or by such words as “will”, “intend”, “believe”, “estimate”, “consider”, “expect”, “anticipate”, and “objective” and similar expressions or variations of such words. Forward-looking statements are, by their nature, not guarantees of the Company’s future operational or financial performance, and are subject to risks and uncertainties and other factors that could cause the Company’s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward looking statements. No representation or warranty is intended with respect to anticipated future results, or that estimates or projections will be sustained.
In developing the forward-looking statements in this press release, the Company has applied several material assumptions, including the Company’s ability and general business and economic conditions. Many risks, uncertainties and other factors could cause the actual results of the Company to differ materially from the results, performance, achievements or developments expressed or implied by such forward‐looking statements. These risks, uncertainties and other factors include, but are not limited to the following: overall economic conditions, rapid technological changes, use of cookies, demand for the Company’s product, the introduction of competing technologies, competitive pressures, network restrictions, fluctuations in foreign currency exchange rates, and other similar factors that may cause the actual results, performance or achievements to differ materially from those expressed or implied in these forward‐looking statements.
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