MediaWhiz Holdings Acquires AuctionAds
Posted by jonathan at 11:07am EST on 07/27/2007
NEW YORK, NY, July 27, 2007 –MediaWhiz Holdings Inc. today announced the acquisition of AuctionAds (www.auctionads.com). MediaWhiz launched AuctionAds in partnership with Shoemoney Media in March and within four months registered over 20,000 participating publishers. The Auction Ads affiliate program combines unique keyword targeting technology with a rapidly expanding publisher network, to drive increased traffic and revenue to eBay. Earlier this year eBay acknowledged the power of the innovative AuctionAds platform and awarded the company the 2007 eBay developer’s award for innovation.
“We are excited to welcome AuctionAds into the MediaWhiz suite of online marketing solutions. Shoemoney media co-founders Jeremy Schoemaker and David Dellanave have done an outstanding job building an innovative affiliate marketing platform. We are looking forward to building upon the AuctionAds technology to drive continued growth.” stated Patrick Gavin, President of MediaWhiz’s display advertising division.
Hot off the press, AuctionAds has been sold to MediaWhiz Holdings. This will be a great addition to the already-industry leading company ownership that MediaWhiz has.
With the acquisition of TLA last year, this is truly the perfect fit.
Financial details were not released about the acquisition.
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