Tag: mobile marketing acquisition

As the search engine giant works to expand its smartphone and tablet based audience, its acquisitions continue.

Yahoo! has just revealed its most recent step in widening its audience of smartphone and tablet users in its purchase of the mobile marketing platform, Sparq.

This allows users to be able to more conveniently toggle among their smartphone apps.

This is far from the first of the acquisitions that Yahoo! has made recently in the mobile marketing area. In fact, this is only one of a growing number of small startups that are being absorbed by the search engine giant in its efforts to move into the smartphone friendly channel more effectively. The primary benefit of Sparq is that it allows its users to be able to switch from one app to another while using their smartphones. This could be highly appealing to marketers because this capability is believed to help to increase the app usage from the owners of mobile devices.

Sparq integration into Yahoo! could also help the company to use mobile marketing for monetization.

According to the founder of Sparq, Jesse Chor, who is also the company’s CEO, “We are uber passionate about mobile — we’ve been striving to build the best mobile platform possible, and are excited to continue upon that goal with Yahoo.” Chor went on to express that “Words cannot describe how ecstatic we are to be joining such an amazing team with such an inspiring mission. We see endless opportunity ahead.”

The earnings at Yahoo! haven’t been exceptionally good over the last while. During the last quarter of 2013, the company’s reports showed that its earnings had fallen by 91 percent when compared to the same time a year before. That said, one of the reasons that the earnings were as low as they were was that the company had spent a massive amount of money on the acquisition of startups. In fact, in the last quarter alone, there was $163 million spent by Yahoo! on purchasing other companies.

In December, the company took in a number of companies that could contribute to its mobile marketing strategy, including PeerCDN, a content-speeding startup, Evntlive, a startup for “virtual venues”, and SkyPhrase, a natural language software startup that has been compared to Siri.

The company has made yet another purchase that has moved it further into the smartphone advertising sphere.

IBM has just announced that its purchasing spree has continued with its acquisition of Xtify, a mobile marketing company, which it has obtained for an undisclosed sum.

The company explained that the deal would give digital advertisers better interaction opportunities.

IBM explained that it would help mobile marketing companies to be able to increase their ability for interaction with consumers over mobile platforms through the use of in-app capabilities. This involves options such as running competitions, alerting customers regarding new promotions, and adding content to the apps themselves. The technology will be available within the Smarter Commerce offerings suite from IBM.

The acquisition of Xtify brings IBM mobile marketing for a number of sizeable customers.

Along with the purchase of mobile marketing opportunities with Xtify, IBM will also be receiving a number of that smaller company’s notable customers, which include 20th Century Fox and Disney Stores.

The vice president for digital marketing at IBM, Kevin Bishop, explained that the track record at Xtify for meeting agendas for mobile marketing is an ideal complement to the portfolio of offerings that are already available at IBM. He said that “With the increase of mobile devices, organisations across all industries are anxious to develop a mobile approach to engage their customers. The acquisition of Xtify provides new ways for our clients to foster a direct, one-to-one communication channel with their customers.”

The CEO of Xtify, Josh Rochlin, stated that he felt that bringing his company into IBM will provided them with the chance to meet a far wider range of customer needs than has ever been possible for that business. He said that the capability for mobile marketing and messaging at Xtify, in combination with the cloud infrastructure and analytics at IBM will give marketers a tremendous arsenal of rich content at with a global reach for informing and influencing a growing number of consumers who regularly use smartphones and tablets.

He went on to point out that the best time to provide mobile marketing content to customers is at exactly the time and place that they are seeking it. This acquisition greatly enhances ad relevancy.