Home / Business and Economy / Nielsen Acquires DoubleVerify to Create Ad Measurement Powerhouse

Nielsen Acquires DoubleVerify to Create Ad Measurement Powerhouse

Summary

  • Nielsen is acquiring DoubleVerify for $2.15 billion in an all-cash deal.
  • The combination aims to merge audience measurement with quality signals.
  • DoubleVerify reported a 3% revenue increase to $193.8 million last quarter.
Nielsen Acquires DoubleVerify to Create Ad Measurement Powerhouse

Nielsen Holdings has agreed to acquire DoubleVerify, a prominent digital ad verification company, in an all-cash transaction valued at approximately $2.15 billion. The deal, priced at $13.60 per share for DoubleVerify, is expected to reshape the media measurement landscape. Nielsen, a leader in TV ratings, plans to integrate DoubleVerify's accredited quality signals, which are crucial for identifying and filtering out fraudulent bot traffic, with its own cross-screen audience measurement services.

This integration is designed to establish a comprehensive solution for scoring media based on both audience delivery and the quality of the advertising environment. The announcement followed DoubleVerify's second-quarter financial report, which indicated a 3% year-over-year revenue growth, reaching $193.8 million. Upon the successful closure of the acquisition, Providence Equity Partners will exit its 11.8% investment in DoubleVerify. The market reacted positively to the news, with DoubleVerify's shares experiencing a notable increase.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

Read more news on

Property Code: 5571