Media.net Acquired by Chinese Consortium for $900 Million USD

[Ryuzaki]

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Source: http://www.media.net/en/press

Title: Media.net Acquired by Chinese Consortium for $900 Million USD in 3rd Largest Ad Tech Deal Ever

"Acquisition will fuel Media.net’s global expansion strategy and provide access to China’s world-class talent and capital markets"
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Summary:

• Media.net revenue for 2015 was $232M
• 50% of revenue comes from Mobile
• 90% of revenue comes from the USA
• 7 offices worldwide, HQ's in Dubai and New York
• 800+ employees
• Managed $450M in advertising money

Previously, the CEO Div Turakhia started his internet grind at 14 years old, made his first $1M at 18, first $100M at 23, and just became a billionare at 34.
738 x 575​

 

[c4yrslf12]

Previously, the CEO Div Turakhia started his internet grind at 14 years old, made his first $1M at 18, first $100M at 23, and just became a billionare at 34.

Admittedly, I was playing video games at 14 and poker at 18.

Good for him.