Rokk3r Acquires AdMobilize and Matrix Labs for $19.5M

Miami-based AdMobilize and its spin-off, Matrix Labs, announced this morning that they are being acquired for $19.5 million. The buyer is Rokk3r, a Miami-based holding company that invests in creating, acquiring and integrating companies.

In a letter from Rodolfo Saccoman, AdMobilize CEO & Founder, he provided the following on the new opportunity.

“We have BIG news: AdMobilize has been acquired by Rokk3r Inc. and we are now part of a much bigger ecosystem. This is exciting news for AdMobilize’s team, our technology partners, our clients, and we believe the industry at large. Our value proposition of providing the most accurate, private, trustworthy, dependable, accessible, real-time data will now be put on a globally accelerated path!

Rodolfo Saccoman

Rokk3r is a strategic holding company that invests in creating, acquiring, and integrating companies, leveraging exponential technologies to achieve maximum social impact, value, and returns. Rokk3r’s holdings and initiatives are established and advanced with the understanding that access to technology is a global equalizer, that exponential technologies command an ever-increasing influence across industry value chains, and that macro-level dynamics are in constant flux. You can learn more about them by visiting ​www.rokk3r.com​.

Our history with Rokk3r goes back to the inception of AdMobilize when I selected them to seed and incubate our company. We have been partners for almost a decade with our paths intertwined elevating our companies to higher levels including funding, development, strategy, and team building.

We are ecstatic as this acquisition will catapult our growth, advance our IP strategy and grow our presence in different industries. I am thrilled to work with the Rokk3r team and ecosystem to advance its AI/IoT IP strategy and grow its presence in different industries.”

Rokk3r’s Chairman and CEO Nabyl Charania explains the acquisition:

“Integrating AdMobilize’s AI capabilities within Rokk3r’s holdings enables scaling these businesses across different verticals, while leveraging their IP, technology and teams to create new businesses and commercialization avenues.” In addition, “AdMobilize’s commitment to protecting individual privacy while pushing the technological boundaries on Edge computing and Computer Vision were key in our decision to acquire the company.”

[wpforms id=”9787″]


Paid Advertisement

Print Friendly, PDF & Email

Comments are closed.