March 09, 2017
S4M acquires Netadge to reinforce technology stack
SINGAPORE, Feb 21, 2017 – S4M (Success for Mobile), a mobile ad tech platform acquired Netadge this week in a move to strengthen the company’s offerings in the programmatic industry and enlarge the current R&D team to more than 50 engineers.
Netadge is a leading self-service mobile DSP specialising in mobile RTB founded in France with presence in New York. This acquisition brings together two leading technologies in an industry shifting towards a consolidation of major players. “S4M is enlarging its technology stack to rival the biggest players today while accomplishing our vision to deliver a transparent, competitive, and certified technology, where advertisers have full ownership of their campaign data,” explains Christophe Collet, S4M CEO.
Following this acquisition, S4M has a projected revenue of $35M USD for 2017. In order to grow S4M’s technology, the company is aiming to double the size of its existing R&D team this year. The acquisition of Netadge represents a step closer to achieving this staffing target for 2017, as S4M will take on over a dozen accomplished data engineers as a part of this acquisition.
“This deal is an advantageous acqui-hire as much as it is a strategic business move,” Collet continues. “Hiring the best talent in the industry is key to S4M’s success and we are thrilled to welcome 14 senior ad tech experts into our product and engineering efforts, growing beyond a 50-person R&D team. We are committed to hiring the best minds in the industry from around the world – today our team is made up of more than 26 nationalities”. The talent search does not end here for S4M, the company still has more than 20 tech positions to fill in the coming year.
In 2016, NetAdge achieved more than $4 million USD in revenues and is actively serving over 50 media agencies and trading desks. “As the US tech giants continue on a path to dominate the programmatic industry, we are committed to remain a competitive alternative by reinforcing our technology,” concludes Christophe Collet. S4M has a growing presence in APAC with an office in Singapore in addition to two new offices in Madrid and Milan at the beginning of this year.
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