Volt Media bought by Alphabird

Volt Media, an independent video advertising and technology company has been purchased by US based Alphabird. Volt Media was launched in 2011.

The announcement:

Alphabird, a leading global digital publishing solutions company headquartered in San Francisco, today announced the acquisition of Volt Media, one of the largest independent premium video advertising and technology companies in Australia and New Zealand.

The acquisition cements Alphabird’s position as a leading vertically integrated publisher solutions company in the Asia Pacific region. With the addition of VOLT’s video advertising platform, Alphabird will now offer web and mobile publishers a full suite of products including audience acquisition and development, data management and content monetization.

Launched in 2011, VOLT Media delivers advertising content across multiple screens for its international partners including foundation publishers Dailymotion and Blip. In addition, VOLT have secured preferred video partner status with some of Australia’s biggest media agencies including OMD, Cadreon and Ikon.

VOLT Media was the first video ad network in Australia to be integrated as a private exchange within an agency trading desk, and the first video ad network in Asia Pacific to launch with Double Verify’s proactive verification technology.

The transaction is effective immediately and Alphabird expects the deal to be immediately accretive to earnings and positive operating margins. All VOLT personnel will become Alphabird Australia employees and the business will be integrated into Alphabird’s Sydney-based operations.

“This transaction marks a very important addition to Alphabird’s suite of digital publisher solutions,” said Chase Norlin, CEO of Alphabird.

“Alphabird is moving aggressively to offer premium publishers, leading agencies and global brands a full range of content, audience, monetization and data optimisation solutions,” said Willie Pang, Managing Director of Alphabird Australia. “This acquisition cements our place as the number one supplier of video technology solutions in Australia and we will continue to expand our offering across the Asia Pacific region in 2013.”

Pang, who formerly served as CEO of Ventures in Digital Media (ViDM), also acquired by Alphabird in October 2012, will oversee the integration and operations of VOLT Media with Alphabird Australia. VOLT’s subsidiary companies will operate under the Alphabird Australia brand.

Terms of the agreement were not disclosed. More information on this announcement can be found at www.alphabird.com.

Source: Volt Media press release