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Smaato Inc.

Spearhead IMC Group Closes US $148 Million Investment in Smaato

Beijing-based Spearhead Integrated Marketing Communication Group has completed its acquisition of San Francisco-based Smaato Inc. and Smaato Holding AG for US$148 million.Smaato and Spearhead are moving forward with the expansion of the leading global real-time mobile monetization platform.Smaato will retain its branding and name and remain largely independent within Spearhead.