Less than a year after Google acquired AdMob, the founder and CEO of the mobile ad network Omar Hamoui is heading for the exit. The news, first reported by
TechCrunch, doesn't bode well for Google, which dropped $750 million on AdMob, and is smack in
the middle of a battle royal with Apple over the future of mobile advertising.
Needless to say, "It sounds like Google is getting the short end of the stick here," writes TechCrunch.
"Hamoui has actually only been able to work at the search giant for five months, because the AdMob/Google acquisition was held up by an endless federal investigation..." Making matters worse, it's now
coming to light that Google also lost Ali Diab, AdMob's VP of Product Management and Business Operations, and Niren Hiro, AdMob VP of Business Development. For Google's part, a company spokesperson
insists that it's "fortunate to have a great team of leaders who are driving the next phase of rapid growth and innovation across all our mobile ads products."
Read the whole story at TechCrunch »