SingTel Agrees to Buy Amobee for $321 Million to Expand Mobile Advertising (Kyunghee Park/Bloomberg)

Kyunghee Park / Bloomberg:
SingTel Agrees to Buy Amobee for $ 321 Million to Expand Mobile Advertising  —  Singapore Telecommunications Ltd. (ST), Southeast Asia’s biggest phone company, agreed to buy Amobee Inc. for $ 321 million in cash to expand in mobile advertising amid a surge in demand for smartphones.

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