Around the Net
Israeli Ad Tech Company Hopes London Float Will Restore Faith In The Sector
- The Telegraph, Thursday, June 11, 2015 6:23 AM
Adgorithms, an Israeli advertising technology company, will raise GBP27m in an AIM listing today, having convinced London investors it will not suffer the problems that have recently battered the shares of other companies in the sector. The market has witnessed a run of poor form from Israeli companies and the digital advertising sector. Matomy shares are trading at around half their price on debut last year, and Marimedia said last month its sales will be "significantly" lower than forecast.
