Published on Tue, Dec 04, 2007 at 16:56 | Source : Moneycontrol.com
Updated at Tue, Dec 04, 2007 at 19:27
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Ybrant to acquire Oridian
Ybrant Technologies today announced its intention to acquire Oridian, the online media solutions provider. The definitive agreement to acquire the company was signed. This agreement is yet to be presented in the “General Assembly” of Oridian shareholders for final approval.
Ybrant Technologies today announced its intention to acquire Oridian, the online media solutions provider. The definitive agreement to acquire the company was signed. This agreement is yet to be presented in the "General Assembly" of Oridian shareholders for final approval.
Oridian is a leading online advertising company with over 9 billion monthly impressions, a worldwide inventory and access to millions of users in various continents, Oridian enables Advertisers to implement effective branding as well as direct response campaigns, and Publishers to monetize traffic emanating from all over the world.
It's a privately-owned top 10 network with access to over 80 million monthly users worldwide; offices in North America, France, Israel, Argentina, Germany and the UK, and representatives in Australia, Scandinavia, Italy, Belgium and The Netherlands.
"We found the right ingredients in Oridian to enhance Ybrant's footprint into the fast evolving global markets." said Suresh Reddy, Chairman of Ybrant Technologies Limited.
Jacob Nizri, the CEO of Oridian commented, "We look forward partnering with Ybrant's family of businesses that will arm us with the entire arsenal of digital marketing tools to provide our clients with full spectrum digital marketing services. "
