ROKU - Roku closes on acquisition of Nielsen's advanced video ad business
Roku (ROKU) has closed the acquisition of Nielsen's (NLSN) Advanced Video Advertising business. The two announced the transaction March 1, a catalyst that boosted both stocks. The acquisition includes Nielsen's video automatic content recognition and dynamic ad insertion tech - which will accelerate Roku's plans for an end-to-end dynamic ad insertion solution for traditional television. The two also have a long-term strategic partnership to integrate Nielsen's ad and content measurement products into Roku's platform (which will also advance the Nielsen One cross-media measurement solution). After hours: [[ROKU]] +0.2%.
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Roku closes on acquisition of Nielsen's advanced video ad business