Updates

Tremor - Buys Amobee DSP for US$239m

September 2022

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Since my last update, Tremor has announced the acquisition of Amobee and also reported its Q2. Amobee operates a global DSP across linear TV, connected TV and digital media and has relationships with over 500 global advertisers and publishers. Tremor is paying US$239m for Amobee and the deal is expected to bring more self-serve programmatic demand while also generating incremental demand to Unruly, Tremor’s SSP. By integrating Amobee’s platform with its own it will therefore accelerate its growth through cross-selling new services into both new and existing customers and deliver cost synergies, expected to be c.US$50m. Tremor is paying US$239m for the business, which has run rate sales of US$$150m with US$22m of EBITDA. Tremo ...

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SDI

Alfa Financial

Tremor (June 2022)

Tremor - Finncap sets £17 target - business on the auction block? (March 2022)

Tremor (November 2021)

Tremor - 8 upgrades since June '20 (September 2021)

Tremor (July 2021)

Tremor - Confirms US listing for Q2 - strong buy (April 2021)

Tremor - Hitting the ball out of park with +28% eps upgrade following last monthâ€™s upgrade (February 2021)

Tremor - Astonishing growth trajectory from CTV (January 2021)

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