Flashtalking and Spongecell Announce Merger, Providing the Scale and Know-How to Lead Sophisticated Advertisers

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Deal brings dynamic creative scale and experience under one roof, meets advertisers' imperative for data driven creative expertise, full ad management and impartial analytics New York, New York--(29 January, 2018) - Flashtalking, the leading global ...

Deal brings dynamic creative scale and experience under one roof, meets advertisers' imperative for data driven creative expertise, full ad management and impartial analytics

New York, New York--(29 January, 2018) - Flashtalking, the leading global independent platform for ad management, data activation and unified insights, and top personalised creative company Spongecell, today announced a merger of the two companies, creating a new market leader in data driven dynamic creative. Coming together under the Flashtalking brand, the combined company will provide brands and agencies with the vital knowledge, technology and scale to operate data driven creative in a programmatic world.

"The market leaders coming together is a response to a very real demand we see from brands and agencies," said Flashtalking CEO John Nardone. "Increasingly they're recognising data driven creative is essential to connect with today's consumer and have been asking us both to assist with our expertise, technology and processes to deliver better more impactful advertising."

Nardone continued, "Spongecell has great, knowledgeable people and has built innovative tech that naturally complements our broader dynamic creative capabilities. Together we now deliver the market-leading DCO solution within the context of a complete buy-side ad serving solution: a truly independent technology and analytics partner without media buying conflict or bias, representing a clear and viable alternative to DoubleClick."

Investing in Leadership

The companies' combined capabilities will provide advertisers across all verticals with market-leading dynamic creative expertise, products and services-enabling efficient personalised and data-enabled creative messaging across all forms of display, video, social, and native advertising.

But just as important, the combined company provides the scale to continue to invest in the people, product innovation and industry education that large clients and agencies need to advance their own capabilities and expertise in data driven creative.

"Our companies share the view that personalised creative is no longer optional.  It is essential for connecting with today's distracted consumer, and for digital marketing success," said Spongecell CEO, Ben Kartzman, who will take on the role of COO in the combined company.  "Flashtalking and Spongecell uniting is a natural move for both of us, as advertisers seek scaled solutions from financially stable partners. Clients of both companies can expect increasing investment in both technology and people to drive better outcomes. With this deal, technological wherewithal and market scale meet unrivaled dynamic creative and attribution analytics capability."

Terms of the deal were not disclosed. Needham & Company acted as strategic advisor to Spongecell.

About Flashtalking
Flashtalking equips advertisers and their agencies to create, activate and measure data-driven advertising across digital channels and formats. Our programmatic creative and analytics platform unifies audience, media and creative to deliver personalised messaging while optimising performance of media and creative. With cookie-less tracking, connected log-file and algorithmic attribution, we can coordinate, augment and analyse data signals to support our clients at the crossroads where data, relevant creative, and unbiased measurement intersect with expertise, service and a deep partner ecosystem.

Born in the U.K., headquartered in New York, Flashtalking spans the globe with offices in San Francisco, Los Angeles, Chicago, London, Leeds, Cologne, Hamburg, Amsterdam, and Sydney. For more information visit www.flashtalking.com.

About Spongecell

Spongecell is a dynamic creative technology company focused on making data-driven creative simple, effective and scalable by integrating data, machine learning and automation in the creative process. We enable marketers to efficiently deliver the most beautiful, relevant and engaging brand content to prospects and customers across all devices and formats. Spongecell is headquartered in New York City and has offices across the United States and Europe. For more information, visit www.spongecell.com.

Contact: 
Kendall Allen 
WIT Strategy for Flashtalking 
kallen@witstrategy.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Flashtalking via Globenewswire

Source(s) : Flashtalking

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