Twitter Buys MoPub, Will Add Real-Time Bidding for Mobile Ads

Twitter is adding new technology to further drive the company's mission when it comes to advertising. The microblogging site announced on Monday the acquisition of MoPub, a startup that helps clients monitor their mobile advertisements. In addition to monitoring ad inventory, MoPub also offers a mobile advertising exchange which Twitter says it will use "to build real-time bidding into the Twitter ads platform."

The acquisition comes at a time when Twitter is looking to bolster revenue streams in preparation for a possible IPO. Mobile ads have been a key source of income for Twitter in the last 18 months — the Wall Street Journal reported last summer that ads on mobile were generating more revenue for the site than desktop ads Read more...