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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Amazon.com Inc | NASDAQ:AMZN | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.43 | -0.23% | 184.29 | 184.18 | 184.35 | 70,679 | 12:05:51 |
From May 2019 to May 2024
By Jeff McCulley
Amazon.com Inc. (AMZN) said Friday it has signed an agreement to acquire the advertising serving and creating businesses of online advertising company Sizmek Inc.
"Sizmek and Amazon Advertising have many mutual customers, so we know how valued these proven solutions are to their customer base," the companies said.
Once the deal closes, Sizmek Ad Server and Sizmek Dynamic Creative Optimization "will operate separately from Amazon Advertising for the time being," the companies said.
Financial terms weren't disclosed.
Sizmek Inc., which is owned 90% by Vector Capital and 10% by lender Cerberus Capital Management LP, filed for chapter 11 bankruptcy protection in March.
Write to Jeff McCulley at jeff.mcculley@wsj.com
(END) Dow Jones Newswires
May 31, 2019 11:35 ET (15:35 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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