Altice €285 million acquisition of Teads

Overview:

• Altice has acquired Teads from Bpifrance, Partech Ventures, Elaia Partners, Lightspeed Venture Partners and Gimv.
• Teads is a leading video advertising marketplace which developed inRead, a less intrusive advertisement that can be integrated into online media pages.  
• Altice is a multinational group of cable and telecommunications operators. 
• The transaction is expected to close in summer 2017. 

Anna Kozakova - Journalist