Twitter snaps up Namo Media to improve ad experience
Aims to make ads look more like Tweets
Twitter has acquired a San Francisco firm called Namo Media in a bid to strengthen its ad-tech business, particularly in the area of native advertising.
Namo Media is an advertising product that helps app developers run native in-stream ads in the midst of their app, creating revenue opportunities without putting off new and existing users.
Specifically, the start-up's “adaptive templates” are designed to help developers build ads that look similar to the rest of the content being displayed in the app.
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Namo Media, backed by venture capital firms like Google Ventures and Andreessen Horowitz, is closing down its standalone operation and integrating into the MoPub platform that Twitter acquired last year.
Twitter has increasingly been attempting to boost its profits by building banners and ads into user’s Twitter streams in favour of Tweets.
The lastest move suggests Twitter wants to make some of these adverts more conspicuous in a bid to prevent user’s getting frustrated with blatantly obvious adverts.
Writing in a blog post today, Twitter VP of product, Kevin Weil, said: “Since we acquired MoPub last October, we have been working to bring native ads to mobile app publishers in order to create a more seamless and less intrusive ad experience for users. We believe strongly that all app developers large and small should be able to monetise their applications without sacrificing the user experience."
Announcing the acquisition, Namo Media wrote in a blog post: “At Twitter we’ll continue to work on building the best native advertising platform for app developers with the goal of continuing to improve the native ad landscape for all mobile app developers."