After successful acquisition of Youtube , double-click , now Google acquired Admob for $750 million, looking into growing mobile internet users and its deep interest in every space of advertising
AdMob is mobile advertising company popular in iphone, offering solutions for monetization on the mobile web ,with headquarter based in California,Founded in 2006 by Omar Hamoui , an entrepreneur trying to solve a problem. He wanted to build traffic for his mobile site.He encountered complexity and fragmentation - just too hard to engage users. thus AdMob was born to remove roadblocks and enable mobile web businesses.
Admob currently operating in California, NewYork ,London, Japan, Singapore,Admob is currently heading towards India as per its business expansion plans ,for more info contactindia@admob.com
Google is explaining the benefits of buying Admob in its press Release
Join Admob , take video lessons ,start making money
other related links
Google Acquires AdMob For $750 Million-Tech crunch
BBC News - Google's Admob plans scrutinised by US regulator
Official Google Blog: Investing in a mobile future with AdMob