2010 News Releases
23 February
UBM acquires Game Advertising Online for $1m
Diversifies UBM TechWeb's game industry platform
United Business Media Limited today announces that it has acquired Game Advertising Online (GAO) (www.game-advertising-online.com) from private ownership on behalf of UBM TechWeb for an initial cash consideration of $1m, with a further performance-related consideration of up to $7m.
Founded in 2006, GAO is a banner advertising agency working for publishers in the online video game industry. Using a self-service, auction-based system, GAO places in-game and banner advertising on leading gaming websites, utilising both cost-per-click and cost-per-acquisition business models. GAO provides access to 50 million unique users and delivers over 2 billion advertisement impressions per month through a diverse worldwide network of free-to-play MMORPG (massively multiplayer online game), casual, browser-based and mainstream gaming websites, as well as game community networking sites.
GAO's profitable business model will diversify UBM TechWeb's games industry revenue stream and extend its Game Group's business relationships to online game publishers and to consumer-oriented games websites.
GAO is expected to generate revenue of approximately $4m in the twelve months to March 2010.
Tony Uphoff, Chief Executive Officer of UBM TechWeb said:
"GAO is an attractive and innovative online business that has a natural adjacency with UBM TechWeb's existing Game Developer Group portfolio. GAO provides us with both revenue growth potential and a new business model that will serve us well as we look to expand our business with online game publishers and with consumer-oriented online game websites."
- Ends -
Contacts
| Media | |
| Peter Bancroft | Director of Communications |
| communications@ubm.com | |
| Direct telephone | +44 20 7921 5961 |
| Chris Barrie | Citigate Dewe Rogerson |
| chris.barrie@citigatedr.co.uk | |
| Direct telephone | +44 20 7282 2943 |
| Mobile | +44 796 872 72 89 |
| Analysts / Investors | |
| investorrelations@ubm.com | |
| Direct telephone | +44 20 7921 5095 |
| Andrew Crow | +44 20 7921 5940 |
Notes to Editors
1. UBM
UBM focuses on two principal activities: worldwide information
distribution, targeting and monitoring; and, the development and
monetisation of B2B communities and markets. UBM's businesses
inform markets and serve professional commercial communities - from
doctors to game developers, from journalists to jewellery traders,
from farmers to pharmacists – with integrated events, online,
print and business information products. Our 6,400 staff in more
than 30 countries are organised into specialist teams that serve
these communities, bringing buyers and sellers together, helping
them to do business and their markets to work effectively and
efficiently.
For more information, go to www.ubm.com
2. UBM TechWeb
UBM TechWeb, the global leader in technology media and professional
information, enables people and organizations to harness the
transformative power of technology. Through its core businesses
– media solutions, marketing services and professional
information – UBM TechWeb produces the most respected and
consumed brands, applications and services in the technology
market. More than 14.5 million business and technology
professionals (CIOs, IT and IT Support managers, Web & Digital
professionals, Software and Game developers, Government decision
makers, and Telecom providers) actively participate in UBM
TechWeb's communities. UBM TechWeb brands include: global
face-to-face events such as Interop, Game Developers Conference
(GDC), Web 2.0, Black Hat and VoiceCon; large-scale online networks
such as InformationWeek, Light Reading and Gamasutra; research,
training, and certification services, including HDI, Pyramid
Research, and InformationWeek Analytics; and market-leading
magazines such as InformationWeek and Wall Street &
Technology.

