Contact Information: Contacts Gavin Skillman or Jeremy Frank LaunchSquad Phone: 212-564-3665 Email: collective (at) launchsquad.com
Collective Media Acquires Personifi to Strengthen Leadership and Development of Ad Targeting Services
| Source: Collective Media
NEW YORK, NY--(Marketwire - June 3, 2008) - Collective Media, a leading online advertising
network and technology provider, today announced that the
company has acquired Personifi, which
provides advanced audience targeting solutions to Web publishers,
ad networks and mobile providers. The acquisition strengthens Collective's
current integration with Personifi's sophisticated ad targeting and content
classification capabilities, and will further solidify the continued
development of the Personifi product suite. Personifi will continue to
operate as a separate business unit under Collective Media.
Collective Media has been working with Personifi since October 2007 and
acquired the company because of its unique and highly effective approach to
content classification and audience targeting. Today, more than 50% of the
campaigns run by Collective include the Personifi targeting solutions which
use mathematical algorithms to intelligently evaluate all of the content on
a Web page to create more accurate contextual and behavioral segments.
Collective Media leverages this rich content data to offer its clients
advertising options across 26 standard audience segments and thousands more
custom categories.
As the demand for audience targeting services continues to rise
dramatically -- eMarketer reports that spending on behavioral targeting
will reach $3.8 billion by 2011 -- Personifi's audience detection and
targeting technology has established itself as one of the most advanced and
accurate solutions in the industry by mathematically and semantically
analyzing all of the content on a Web page, not just keywords. Personifi's
approach yields only the most relevant and actionable targeting data for
advertisers, ensuring pinpoint accuracy for every campaign.
"The acquisition of Personifi gives Collective a unified audience targeting
solution for both contextual and behavioral targeting," said Joe Apprendi, CEO of
Collective Media. "While other ad networks specialize in one form of
targeting, we now have best-of-breed capabilities to offer the most
comprehensive solution on the market."
Personifi is the integrated audience targeting solution within AMP™,
Collective's ad network management platform for vertical ad networks.
Publishers and advertisers can benefit from Personifi's targeting
capabilities from one single platform across all their Collective Media ad
initiatives. Whether within their own branded, vertical networks or in the
Collective Media network of publishers, AMP gives Collective customers
simple and easy access to the industry's most advanced targeting
technology.
"Targeting has emerged as one of the most important factors in the
effectiveness of an ad campaign," said Frost Prioleau, CEO of Personifi.
"Together, Collective Media and Personifi are committed to staying at the
forefront of targeting services and offering the most innovative and
accurate solutions in the industry."
About Collective Media
Collective Media is a leading online advertising network and technology
company. The Collective Network links high quality, brand-name publishers
with Fortune 1000 advertisers. Collective Media's AMP™ offers high end
publishers an ad network management platform to create their own branded,
vertical ad networks. Collective's innovative approach enables both brand
and direct advertisers to achieve superior results through sophisticated
audience targeting technology, including contextual, behavioral, geographic
and re-targeting. Founded in 2005, Collective Media is headquartered in New
York City with offices in Boston, Chicago, Dallas, Detroit, Los Angeles and
San Francisco. Visit Collective Media at www.collective-media.com.
About Personifi
Personifi provides powerful page classification and ad targeting solutions
that allow ad networks and web publishers to deliver more relevant ads to
their users. Leveraging a unique mathematical approach, Personifi's
solutions deliver an unparalleled combination of precision and scalability.
Applications for Personifi's solutions include content classification,
contextual targeting, behavioral targeting, and ad optimization. Personifi
is privately funded and headquartered in Fort Worth, TX.