Hyderabad-based Ybrant Digital acquires Dream ad

Ybrant DigitalIndia-based Ybrant Digital, a provider of digital marketing solutions, has informed that it has acquired dream ad, an Argentine advertising network company, for an undisclosed amount.

The latest acquisition, which is fifth for Hyderabad-based firm, will give access to the Latin American region by adding four more countries viz. Argentina, Chile, Uruguay and Mexico, to its global footprint. The deal is expected to bring in compelling strength to Ybrant's worldwide services to online publishers.

It should be noted that Ybrant had acquired two companies - Serbia-based Seenietix's flagship email marketing platform VoloMP and US-based MediosOne in 2006 for undisclosed amounts. Further, in 2007, it bought US-based online ad-network company AdDynamix for $10 million and Israeli company Oridian for $13 million.

Ybrant Digital, a zero-debt company, posted a $55-million topline for the financial year ended March 2008.

Post this acquisition, Emanuel and Andres take up the role of MD of Latin America under the Ybrant's networks division, headed by Jacob Nizri.