Yahoo in talks to buy ad service BrightRoll: Report | HT Tech

Yahoo in talks to buy ad service BrightRoll: Report

Online search and advertising company Yahoo Inc is in talks to buy digital video advertising service provider BrightRoll for around $700 million, tech blog TechCrunch reported.

By:REUTERS
| Updated on: Oct 22 2014, 10:57 IST

Online search and advertising company Yahoo Inc is in talks to buy digital video advertising service provider BrightRoll for around $700 million, tech blog TechCrunch reported.

Term sheets have been signed and the price, if the deal is completed, looks likely to be in the region of $700 million-$725 million, the blog reported, without citing sources.

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BrightRoll, which helps advertisers to publish ads on websites, mobiles and connected TVs, raised over $40 million from investors and had over $100 million in revenue in 2013, according to the report.

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Yahoo could not be immediately reached for comment, while BrightRoll declined to comment.

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First Published Date: 22 Oct, 10:51 IST
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