EO.com was launched this year and was to serve as an email ad network for publishers of newsletters and email lists. These clients can incorporate ads from marketers, but what the firm realized was that there is a demand for site-based display ads. Hence, the acquisition of Chintano.
Chief revenue officer for Datran Media, Sean O’Neal said, “We had been working with Chintano for quite some time to help us explore the display advertising opportunity and the ad network opportunity [and] we had a string synergy with them.”
The company believes that what will ultimately set it apart from its competitors will be the offering of email and display advertising simultaneously. Terms of the deal were not disclosed.