AOL Acquires Content Marketing Platform Startup Pictela
AOL has picked up Pictela, a startup that offers a platform capable of delivering branded video, photos and apps directly into various online advertising and social media. The terms of the acquisition were not disclosed.
AOL hopes the purchase will bring scale to its suite of advertising tools for advertisers, agencies and publishers, including the companyâ€™s new Project Devil display advertising format – which it intends to roll out across all AOL Media sites by March 31, 2011.
Pictela will remain a separate group within AOL Advertising, based in New York, and will continue to provide its products and services to outside partners.
Jeff Levick, AOLâ€™s President of Global Advertising and Strategy, commented thusly:
“Pictela’s product development team is best-in-class, and its beautiful, content rich, media display formats meet Interactive Advertising Bureau (IAB) and Online Publishers Association (OPA) standards that run across AOL Media properties and other publisher sites.
Weâ€™ve taken one important step towards spotlighting quality ad content with Project Devil on AOL Media properties, and now weâ€™re taking a second by bringing Pictela into the AOL Advertising family.â€
The purchase of Pictela, founded in 2009, marks the first acquisition for AOL’s Advertising unit since the company regained its independence in December 2009.
Coincidentally, one of the co-founders and CEO of Pictela is Greg Rogers, previously VP of Sales Strategy for TACODA, a behavioral targeting online ad network that was acquired by AOL back in 2007.
AOL was already a customer of Pictela, as are Microsoft, Yahoo, Time Inc, Glam Media, Demand Media and plenty of others.
(Disclosure: AOL is also the owner of TechCrunch)
- GameStop Acquires Game Streaming Startup Spawn Labs And Distribution Platform Impulse
- The Devil Made Me Do It. AOL’s Regrouped Advertising.com Is A $500 Million Business
- Groupon Acquires Local Marketing Services Startup Ludic Labs, Expands Some More
- Confirmed: Yahoo Buys Advertising Platform 5to1
- Trivantis Acquires Flash Content Creation And Digital Signage Platform Flypaper