Sovrn completes its acquisition of UK-based OnScroll
Sovrn will integrate the OnScroll ad technology into the company’s Meridian platform
BOULDER, Colo. – April 20, 2016 — Sovrn Holdings, Inc., advocate and partner to independent publishers who represent more than 80,000 websites, has completed the acquisition of UK-based OnScroll. Terms of the deal were not disclosed. The transaction, which closed on April 18, 2016, brings to Sovrn OnScroll’s innovative in-view ad technology as well as international expansion with a highly experienced London-based team.
OnScroll’s patent pending technology appeals to both publishers and advertising buyers. Publishers using OnScroll earn more by providing ad inventory that is 100% viewable while the reader is actively engaged; meeting or exceeding premium buyer’s viewability requirements. Moreover, publishers get a wealth of information related to reader activity and engagement with their content.
Buyers can utilize their specific viewability requirements and buy with confidence. Knowing that an ad impression has been viewed by an active and engaged person provides advertisers with assurance that their campaign will hit its mark.
The OnScroll team has a substantial base of independent, high-quality, professional publishers in the UK and will instantly provide Sovrn a large European market presence with proven leadership. OnScroll co-founder Andy Evans will lead Sovrn’s team in the UK and Europe as Managing Director. Co-founder Babac Vafaey will assume the role of Vice-President of Business Operations for the UK and Europe.
“With this deal, Sovrn gains an incredibly smart and dedicated group of people committed to helping publishers capture more value from the attention they create,” said Walter Knapp, CEO of Sovrn. “Andy, Babac, and the entire OnScroll team have created a fantastic product and perhaps even more importantly they are 100% culturally aligned to our mission of helping professional publishers succeed.” OnScroll’s viewability and reader engagement solutions will be available to publishers and advertisers across the entire Sovrn network.
“The opportunity to join Sovrn gives OnScroll the ability to provide thousands more publishers with the added benefit of OnScroll viewable and engagement ad technologies,” OnScroll co-founder Andy Evans said. “The entire OnScroll team is elated to join a company that we’ve had an excellent and collaborative working relationship with for some time. We have a matching culture that fits brilliantly. We are also very excited to bring Sovrn’s range of publisher solutions into Europe.”
Sovrn will integrate the OnScroll technology into the its Meridian platform so all publishers can access OnScroll technology for display, video and mobile advertising inventory as well as reporting on active reader engagement.