Entravision Acquires Leading Global Mobile App Marketing Solutions Company BCNMonetize; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Entravision (NYSE:EVC) has acquired BCNMonetize, a global mobile app marketing solutions company based in Barcelona. The acquisition expands Entravision's presence in Spain and Turkey and strengthens its service offerings in Europe and the Middle East.
May 22, 2023 | 1:29 pm
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Entravision's acquisition of BCNMonetize expands its presence in Spain and Turkey, and strengthens its service offerings in Europe and the Middle East.
The acquisition of BCNMonetize allows Entravision to expand its geographic presence and service offerings, which could lead to increased revenue and growth. This positive development is likely to have a short-term positive impact on Entravision's stock price.
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IMPORTANCE 80
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