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RapidFire acquires IGA Worldwide's technology for streaming real-time ads inside of console and computer video games
VANCOUVER, May 27, 2014 /PRNewswire/ - RapidFire, the #1 in-game advertising network, announced today the acquisition of IGA Worldwide's proprietary technology for delivering real-time advertisements inside of video games.
IGA Worldwide's technology, known as the Radial Network™, enables brands and advertisers to reach gamers playing AAA game titles across console, computer, and mobile video games. Advertisements are streamed in real-time inside of a video game's 3D environment on objects such as billboards, hoardings, buses, and posters - essentially any object where a gamer is likely to see an advert in real life.
As part of the deal, RapidFire will take ownership of the Radial Network™ ad servers and software development kits (SDKs), and will immediately replace the pre-existing RapidFire in-game ad serving technology.
From an advertising standpoint, the Radial Network™ has the following specs and capabilities:
"We're ecstatic about the deal and what it means for RapidFire's growth," says Jordan L. Howard, the 23 year old Founder and CEO. "IGA Worldwide was a pioneer in the in-game advertising industry, and spent many years perfecting their ad serving technology. With the Radial Network™ technology we'll have a much more robust system, and will be able to provide unparalleled service to both our media buying clients and our game developer partners."
"I am very happy that with Jordan and the RapidFire team, we have found a great successor who has the passion and capacity to bring in-game ads to the next level" says Christian-Alexander Vry, Director at IGA Worldwide Ltd.
RapidFire is the World's largest in-game advertising company, founded in the fall of 2011 and is headquartered in Vancouver. The company enables advertisers to target millions of highly engaged consumers playing video games across a wide range of gaming platforms and genres. In addition to offering a dynamic in-game advertising network, RapidFire also leverages its relationships with game developers to offer brands the ability to launch product placement and advergaming campaigns. RapidFire is privately held, and is an active member of IAB Canada and IAB UK.
For more information about RapidFire, please visit: http://www.rapidfire.com
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