"Hundreds of exasperated and unexpected ad industry phone calls were made on Sunday, as agencies and ad tech vendors discussed the fallout of Publicis Groupe's $2.2 billion acquisition of LiveRamp over the weekend."
"But the headline here isn't the deal price. The fact that LiveRamp will no longer be independent has major consequences for other agencies and the ad tech ecosystem overall, where LiveRamp's RampID is the most common shared currency."
"LiveRamp doesn't have a massive customer base. Just 846 direct customers - brands, retailers, media sellers and data owners - subscribe to LiveRamp's software package, the company disclosed on Sunday when it released its full year 2026 earnings materials early alongside the acquisition news. That number is actually down from more than 900 customers as of late 2024."
"One data and analytics leader at a rival holdco, upon hearing the LiveRamp acquisition news, jested to AdExchanger that the deal would allow the agency group to slip out of what had become a too-costly contract with LiveRamp. Although, they added, speaking anonymously so as to be able to discuss their agency's ongoing deals, this holdco is participating in multiple RFPs right now where it and other agencies are being tested based on performance - and that performance is measured by RampID."
Publicis Groupe acquired LiveRamp for $2.2 billion, prompting many ad industry calls about the resulting fallout. Publicis has grown rapidly in market value over four years while other agency holdcos and ad tech businesses have struggled. LiveRamp’s success has been linked to Publicis’s acquisition strategy involving tech and data companies, including Lotame. LiveRamp is priced as a relative bargain compared with Publicis’s earlier Epsilon deal. LiveRamp has 846 direct customers, down from more than 900 in late 2024, and serves mostly large enterprises. Its main value to Publicis comes from its role as a common port-of-call through RampID, which is used to measure performance in agency RFPs.
#ad-tech #identity-resolution #agency-holding-companies #data-collaboration #mergers-and-acquisitions
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