Deal snapshot: AppLovin Closes USD 1bn Acquisition of Twitter's MoPub Business.

MANews-(C)2009-2022

California-based marketing software company AppLovin Corp. (NASDAQ: APP) has closed the acquisition of US-based Twitter, Inc.'s (NYSE: TWTR) MoPub ad business for USD 1.05bn in cash, the company said.

This transaction aims to yield a robust solution for mobile app publishers through increased...

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