Mobile ad tech firm Smaato acquired by China-based group for $148M

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Mobile advertising company Smaato is set to become the latest technology startup to be acquired by Chinese investors, after the San Francisco firm announced that Beijing-based Spearhead Integrated Marketing Communication has agreed to buy it for $148 million.

“Mobile advertising company Smaato is set to become the latest technology startup to be acquired by Chinese investors, after the San Francisco firm announced that Beijing-based Spearhead Integrated Marketing Communication has agreed to buy it for $148 million.”
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