Asia Pacific's leading media technology company, Komli Media acquired South East Asia's largest digital media network Admax Network on 29 February.
The fresh acquisition is set to provide Komli Media with the region's largest and most diverse publisher network of 4,600 local and international websites which includes Admax's exclusive sales partnership with Facebook in Thailand, Indonesia and Philippines and with MSN in Thailand.
Komli Media is headquartered in Mumbai while Admax Network has its headquarter in Singapore with local offices in Indonesia, Malaysia, Philippines, Thailand and Vietnam.
Komli in June 2011 had acquired Singapore-headquartered Aktiv Digital to gain greater access to the South East Asian markets.
The online advertising market in South East Asia is estimated to be worth approximately 250-300 million dollar, and growing at 30-40% per year.
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