Simpli.Fi Acquired Bidtellect, A Context-Aware and Native Demand-Side Platform
Martech Outlook | Monday, July 31, 2023
Enhancing Simpli.fi's CTV, mobile, and display advertising strengths with powerful contextual and native advertising capabilities
FREMONT, CA: "We are thrilled to welcome the Bidtellect team as we continue to enhance and scale our advertising automation platform. From industry-leading brand safety technology, premium supply quality, superior contextual capabilities, and proprietary bid factoring and optimization technology, Bidtellect consistently outperforms competitors and will bring immediate value to our clients," said Frost Prioleau, CEO of Simpli.fi. "Our team is excited about this integration as we continue to scale in 2023 and beyond."
Simpli.fi, a leading contextual and native demand-side platform revealed that it had signed a definitive deal to acquire Bidtellect. Simpli.fi is an advertising automation platform for agencies, brands, and media businesses (DSP).
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The purchase speeds up Simpli.fi's ability to implement and scale performance for contextual and native campaigns by utilizing Bidtellect's unique contextual features, including addressability, targeting, and optimization. The technology stack of Bidtellect will speed up the company's development of new native and contextual products while enhancing Simpli.fi's advertising automation platform.
By acquiring Bidtellect, Simpli.fi has expanded its product line, and product development roadmap and given existing Bidtellect clients access to the company's best-in-class programmatic solutions, including CTV, mobile, and display, and omnichannel managed services and workflow tools. The platform of Simpli.fi has expanded to handle more than 140,000 campaigns for more than 30,000 marketers each month. Furthermore, Simpli.fi served more than 47,000 CTV campaigns for more than 12,000 advertisers in 2022 alone due to the fast-paced expansion of CTV advertising. Combining the companies' products will improve scalability, effectiveness, and profitability for customers.
"We are very excited to join Simpli.fi, a recognized leader in the DSP space. This will allow us to bring new capabilities and services like advanced CTV advertising, precision programmatic targeting, and advertising automation to our clients," said Lon Otremba, CEO of Bidtellect. "As I've come to know the team at Simpli.fi, I'm also convinced there's a clear culture fit, shared vision, and a tremendous growth opportunity for our employees to join forces with a larger-scale organization, where together we can all create the next generation of digital advertising solutions."
Being a fully automated demand-side platform, Simpli.fi has long enabled marketers of all sizes to operate more effectively and efficiently. Similarly, Bidtellect's comprehensive contextual targeting suite combines its patented contextual targeting solutions with the greatest third-party contextual integrations in the market.
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