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Microsoft Buys ScreenTonic

Microsoft has purchased European mobile ad firm ScreenTonic, reports BrandWeek.

ScreenTonic lets advertisers plan, execute and manage mobile campaigns. Offerings will be integrated into Microsoft's Digital Advertising Solutions group. It is not clear what impact, if any, this will have on reported talks Microsoft is in to acquire Third Screen Media.

The price of the ScreenTonic purchase was not released.

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