News

Siemer & Associates Advises Adengage On Its Sale To Technorati – October 15, 2008

Los Angeles, CA. October 15, 2008 San Francisco based Technorati has acquired AdEngage, an advertising network based in Los Angeles. The AdEngage platform will remain a free standing, branded service, and Technorati will also launch a version of the platform under its new Technorati Media brand.

 

AdEngage ( www.adengage.com ) operates a major online advertising network that displays ads on more than 4,500 websites and works with thousands of advertisers to display over 13 billion ads every month. The network acts as an exchange between advertisers and publishers.

 

Technorati ( www.technorati.com ) is a search engine service launched in June 2002.   The service allows one to find the most relevant results on all media including blogs, photos, videos and audio files.

 

"David Siemer was always with us from the start to finish of a complex sales process that resulted in an excellent outcome for both the acquiring and selling party.   He helped keep us focused, offered excellent advice when we reached road blocks and deftly navigated the transaction to the close," said John Marston, Chief Executive Officer of AdEngage.

 

“We were very fortunate to have Siemer & Associates on our side in this effort.   Their deep involvement in and knowledge of the online media space resulted in excellent advice / positioning that truly maximized our value to potential buyers,” said Steve Katinsky, Former Chairman of AdEngage.

 
About Siemer & Associates
Siemer & Associates, LLC. (S&A) is an emerging leader in Digital Media and Technology Investment Banking, and was founded with the desire to provide specialized, senior level transaction experience to small and midsize digital media companies.  Its professionals have successfully completed over 50 transactions, including 16 digital media transactions that resulted in over $3 billion of sell-side mandates and over $150 million in equity capital raised.  Siemer & Associates strives to provide the highest level of corporate M&A, capital raising and advisory services.