The Firm is representing Blackstone (NYSE: BX) in connection with its proposed acquisition of Vungle, Inc. The transaction is expected to close later this year, subject to customary closing conditions. Financial terms of the transaction were not disclosed.
Vungle, Inc. is a leading performance marketing platform for in-app video advertisements on mobile devices, trusted by publishers of more than 60,000 mobile apps worldwide with its data-optimized ads run on over 1 billion unique devices to drive engagement and increase returns for publishers and advertisers. Vungle is headquartered in San Francisco with offices in London, Berlin, Beijing, Tokyo, Singapore and Seoul.
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