{"id":57729,"date":"2023-08-03T10:56:50","date_gmt":"2023-08-03T02:56:50","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=57729"},"modified":"2023-08-03T10:56:55","modified_gmt":"2023-08-03T02:56:55","slug":"doubleverify-to-acquire-scibids","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2023\/08\/03\/doubleverify-to-acquire-scibids\/","title":{"rendered":"DoubleVerify to acquire Scibids"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>DoubleVerify announced that it has entered into an agreement to acquire Scibids Technology SAS. The acquisition of Scibids is a cash and stock transaction valued at $125 million, with additional potential consideration based on certain performance metrics. The transaction is anticipated to close in the third quarter.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The acquisition expands DV\u2019s product leadership in real-time, campaign optimizations \u2013 and lets the company combine its trusted media quality and performance data that includes viewability, contextual and attention signals, with Scibids\u2019s proven AI technology and real-time optimization algorithms. This first-of-its-kind joint offering lets DV span the media transaction end-to-end, from activation to measurement, and provides advertisers real-time campaign optimization, without the use of third-party cookies. Importantly, the acquisition progresses DV from the realm of proxy for performance to actual ad KPI achievement and tangible business outcome \u2013 fully in line with advertiser goals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe acquisition of Scibids is a decisive step in our journey to power superior campaign outcomes that started with developing and delivering the industry standard in media quality insights and has evolved into putting that data to work for advertisers,\u201d said Mark Zagorski, DoubleVerify CEO. \u201cThe combination marries DV\u2019s proprietary data with Scibids\u2019 AI-powered optimization technology, letting us empower brands with unparalleled insights and control over their advertising performance.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Scibids builds AI that automates and optimizes an advertiser\u2019s programmatic buying of digital ad campaigns. Leveraging DSP impression level data feeds (including price), first party data and measurement data provided by the brands or their agencies, Scibids AI dynamically generates custom bidding algorithms for clients aligned with the advertiser\u2019s KPIs and desired outcomes. Scibids\u2019 clients include all major holding companies, independent agencies, and top global brands that include Allianz, Dell and Spotify.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cDoubleVerify is a company that shares our commitment to independence, innovation and maximizing media performance, and we\u2019re thrilled to take our partnership to the next level,\u201d said Remi Lemonnier, CEO &amp; Co-Founder of Scibids. \u201cThis partnership will amplify the capabilities of our customizable AI technology and expand its impact across the digital advertising ecosystem to strengthen the open web. We look forward to working with the entire DV team to deliver new opportunities and maximize campaign outcomes for our global advertisers and partners.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The acquisition will provide advertisers with multiple benefits including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Maximize business outcomes and ROI<\/strong> across all addressable paid media bought programmatically, by incorporating DV\u2019s granular metrics in multidimensional dynamic optimization.<\/li>\n\n\n\n<li><strong>Ensure continuous optimization<\/strong> through the integration of DV\u2019s impression-level media quality and performance data, and Scibids\u2019 proprietary AI technology in optimization algorithms.<\/li>\n\n\n\n<li><strong>Streamline manual efforts and drive operational efficiencies<\/strong> by employing automated bidding across leading DSPs, including Google\u2019s DV360, The Trade Desk, and Xandr, to name a few.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">DV recently announced an exclusive commercial partnership with Scibids together with the launch of DV Algorithmic Optimizer \u2013 a cutting-edge solution that supercharges attention metrics with customizable AI. In-market campaign tests with a number of Fortune 500 brands demonstrated the efficacy of DV Algorithmic Optimizer, with results on average showing a 63% increase in attention levels and a 95% increase in impressions won across several campaigns. The acquisition will expand DV&#8217;s ability to deliver real-time campaign optimizations leveraging its comprehensive media quality and performance data.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThrough our combination with Scibids, DV will lead the industry in dynamic campaign optimizations that drive real business outcomes,\u201d added Zagorski. \u201cThe acquisition lets us redefine the verification space and offer a continuous feedback loop between activation, measurement and optimization \u2013 powered by AI technology and the most trusted impression-level media quality and verification data in the space.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">DV has over a decade of experience building digital transparency and trust in the advertising ecosystem \u2013 protecting brand reputation and powering media performance. Core to this trust is DV\u2019s independence, offering solutions that advertisers can employ across environments, formats and devices to meet their specific campaign objectives. DV&#8217;s combination with Scibids is a marriage of two best-in-breed, objective platforms \u2013 both of which are ad-server and media agnostic \u2013 offering advertisers trusted data and AI technology to help them maximize their digital investments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The acquisition of Scibids is a cash and stock transaction valued at $125 million, with additional potential consideration based on certain performance metrics. The transaction is anticipated to close in the third quarter.<\/p>\n","protected":false},"author":6,"featured_media":57734,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[96,2727,1656],"class_list":["post-57729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-technology","tag-technology-adaption","tag-technology-investment"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/57729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=57729"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/57729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/57734"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=57729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=57729"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=57729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}