Criteo to Buy Adtech Developers IPONWEB for $380 Million
In other obscure but probably important adtech news, Criteo is negotiating a $380 million deal to buy IPONWEB, a major developer of ad exchange, marketplace, and bidding technologies. The deal will help Criteo replace its third-party-cookie-based retargeting business with something more suited to the future – possibly using retail media networks as an alternative to the Facebook/Google/Amazon walled gardens.