Apple on Friday confirmed it is shutting recently-acquired Quattro Wireless mobile advertising service to focus on its new iAd platform that targets only the iconic firm’s devices.
“iAd is helping advertisers reach millions of iPhone and iPod touch users with dynamic, engaging ads right in their favorite apps, and is creating a new revenue stream for developers,” Apple said in an e-mail.
“Advertisers and developers have seen dramatic results since the network launched July 1, and starting next month we’re going to focus all of our resources on the iAd advertising platform,” Apple added.
Quattro customers have been sent notice that the service will be shut down at the end of the month in an Apple shift to iAd.
While Quattro delivered mobile advertising to all types of Internet-linked mobile phones, including those running on Google-backed Android software, the iAd platform exclusively targets Apple gadgets such as the iPhone and iPad.
Apple bought Quattro in January in a deal unofficially valued at US$275 million.
The acquisition was seen as part of a battle between Apple and Google in the fast-growing and lucrative mobile telephone market.
Late last year, Google bought Quattro rival AdMob for US$750 million and on the same day that the Internet powerhouse threw down the gauntlet to Apple by unveiling its own smartphone, the Nexus One.
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