Tremor International to acquire adtech company Amobee

News in brief

Tremor International, a global CTV, video, and data company has announced it will acquire adtech company Amobee for a total consideration of $239m.

The acquisition will enhance the technology offering and business footprint across Tremor’s core growth drivers, as well as expand the companies global presence and reach.

Tremor will take on an additional $100m worth of debt to help finance the transaction, which is expected to close during Q3.