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Friday, 13 June 2014

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AdColony Says There Is No Deal With Opera


Mobile video ad company AdColony published a blog post this afternoon denying a TechCrunch report that it had either been acquired or was close to being acquired by Opera Software.
“There is no deal with Opera Software,” wrote CEO Will Kassoy. At the same time, he doesn’t deny (or confirm) that the two companies were in negotiations: “By strategy and in honor of our fiscal responsibility to our customers, employees and shareholders, we routinely speak to companies about potential partnerships, mergers and acquisitions, especially if it can accelerate our company’s vision.”
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