Mobile ad startup AppLovin in talks for $1.5 billion acquisition

 Mobile ad startup AppLovin is in talks with a Chinese buyer for an acquisition of around $1.5 billion, according to multiple sources with knowledge of the company. We have not confirmed the identity of the acquirer. The deal is not yet finalized and details may change. Founded in 2012 by CEO Adam Foroughi along with Andrew Karam and John Kyrstynak, San Francisco-headquartered AppLovin operates… Read More

from Startups – TechCrunch http://ift.tt/2bmCYjC
via IFTTT