In the buzzing world of advertising, one name is creating quite a buzz of its own – Beeswax.
Known for its cutting-edge customizable bidding technology, Beeswax is the secret ingredient that revolutionizes TV and video advertising.
And now, FreeWheel is acquiring this game-changing platform, ushering in a new era of flexibility and control over media buying.
Get ready to dive into the hive and discover the sweet success of beeswax advertising!
Contents
- 1 beeswax advertising
- 2 Freewheel To Acquire Beeswax, A Saas Advertising Company
- 3 Expanding Programmatic Marketplace Capabilities In Tv And Video Advertising
- 4 Expected Closing Date And Pending Regulatory Approvals
- 5 Financial Terms Of The Acquisition Undisclosed
- 6 Beeswax’s Programmatic Advertising Capabilities With BaaS Technology
- 7 Complementary Technologies And Added Value For FreeWheel Clients
- 8 Programmatic Transactions Drive Need For Customizable Bidding Technologies
- 9 Enhancing Television Operations In The Complex Ecosystem
- 10 Access To Broader Inventory Pools With Beeswax’s Bidding Technology
- 11 Scale And Expertise Benefits For Beeswax Customers In Video And CTV Advertising Sectors
- 12 FAQ
beeswax advertising
Beeswax advertising is a platform by FreeWheel that offers automated media buying in premium video and omnichannel advertising markets.
FreeWheel has recently agreed to acquire Beeswax, a software as a service (SaaS) advertising company.
This acquisition will expand FreeWheel’s programmatic marketplace capabilities in television and video advertising, including Connected TV (CTV) and Set-top Box Video on Demand (STB VOD).
By integrating Beeswax’s customizable bidding stack into FreeWheel’s global infrastructure, the acquisition aims to provide greater flexibility, transparency, and control over media buying, allowing users to access broader pools of inventory to fulfill complex campaign requirements.
Key Points:
- Beeswax advertising is a platform by FreeWheel that offers automated media buying in premium video and omnichannel advertising markets.
- FreeWheel has agreed to acquire Beeswax, a software as a service (SaaS) advertising company.
- The acquisition will expand FreeWheel’s programmatic marketplace capabilities in television and video advertising, including CTV and STB VOD.
- By integrating Beeswax’s bidding stack into FreeWheel’s infrastructure, the acquisition aims to provide greater flexibility, transparency, and control over media buying.
- Users will be able to access broader pools of inventory to fulfill complex campaign requirements.
- The acquisition will enhance FreeWheel’s global presence.
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š” Did You Know?
1. Beeswax has been used in advertising for centuries, and it was one of the early materials used to make candles for lighting billboards in the 19th century.
2. In ancient Egypt, beeswax was used as a writing medium. Scribes would mix beeswax with pigments to create colorful tablets on which they would write important documents or messages.
3. Beeswax has been used as a protective coating for fruits and vegetables. In the early 20th century, farmers would apply beeswax to produce to help it stay fresh longer during transportation.
4. Did you know that beeswax candles are hypoallergenic? Unlike traditional paraffin candles, beeswax candles release negative ions when burned, which help to neutralize pollutants in the air, making them an ideal choice for people with allergies or asthma.
5. Cleopatra, the famous Egyptian queen, was rumored to use beeswax as a secret ingredient in her beauty routine. She believed that the soothing properties of beeswax helped to keep her skin soft, glowing, and wrinkle-free.
Freewheel To Acquire Beeswax, A Saas Advertising Company
FreeWheel, a leading advertising company, has agreed to acquire Beeswax, a software as a service (SaaS) advertising company. This acquisition will bolster FreeWheel’s programmatic marketplace capabilities in television and video advertising, specifically in Connected TV (CTV) and Set-top Box Video on Demand (STB VOD). Beeswax is renowned for its Bidder-as-a-Serviceā¢ (BaaS) and the Beeswax DSP, which offer clients agility, customized optimizations, and extensible APIs.
The acquisition of Beeswax by FreeWheel signifies FreeWheel’s strategic move to expand its presence in the programmatic advertising market. By integrating Beeswax’s programmatic advertising capabilities, FreeWheel seeks to provide clients with a more adaptable and flexible bidding technology stack. This integration will enable FreeWheel users to access a wider range of inventory, fulfilling complex campaign requirements and ultimately elevating the effectiveness of their advertising campaigns.
Expanding Programmatic Marketplace Capabilities In Tv And Video Advertising
With the acquisition of Beeswax, FreeWheel seeks to bolster its programmatic marketplace capabilities in the field of television and video advertising. The growing prominence of Connected TV (CTV) and Set-top Box Video on Demand (STB VOD) has created a need for advanced programmatic solutions. Beeswax’s technologies will complement FreeWheel’s existing offerings, enabling the company to offer more comprehensive solutions to its supply-side and demand-side clients.
Through this acquisition, FreeWheel hopes to improve how television operates within the increasingly complex advertising ecosystem. By leveraging Beeswax’s adaptable programmatic bidding technology, FreeWheel aims to deliver enhanced scale and efficiency across all programmatic channels, including advanced TV advertising. This expansion will allow FreeWheel to better serve its clients and help them achieve their advertising goals in the evolving media landscape.
Expected Closing Date And Pending Regulatory Approvals
The transaction between FreeWheel and Beeswax is anticipated to close in January 2021. However, the finalization of the acquisition is subject to regulatory approvals. While both companies are working towards a smooth transition, regulatory processes must be completed before the deal can be officially concluded. Once all necessary approvals are obtained, FreeWheel will be able to integrate Beeswax’s technology and expertise into its business operations seamlessly.
- The transaction between FreeWheel and Beeswax is expected to close in January 2021.
- The finalization of the acquisition is subject to regulatory approvals.
- Regulatory processes must be completed before the deal can be officially concluded.
- Once all necessary approvals are obtained, FreeWheel will integrate Beeswax’s technology and expertise into its business operations seamlessly.
Financial Terms Of The Acquisition Undisclosed
As of now, the financial terms of the acquisition between FreeWheel and Beeswax have not been disclosed to the public. The details regarding the purchase price and other financial aspects remain private.
The undisclosed nature of the financial terms does not undermine the significance of the acquisition. Instead, it highlights the focus on the strategic value that Beeswax brings to the table for FreeWheel, further emphasizing the complementary nature of their technologies.
This emphasizes the strategic value of Beeswax for FreeWheel.
- The financial terms of the acquisition have not been disclosed to the public.
- The undisclosed nature of the financial terms highlights the strategic value of Beeswax for FreeWheel.
Beeswax’s Programmatic Advertising Capabilities With BaaS Technology
Beeswax: A Powerful Tool in Programmatic Advertising
Beeswax is a renowned name in the advertising industry, known for its cutting-edge programmatic advertising capabilities. One of its standout offerings is the Bidder-as-a-Serviceā¢ (BaaS) technology, which has gained widespread popularity among leading media companies and brands.
What sets Beeswax apart is its highly customizable bidding stack. With BaaS, clients can tailor their bidding strategies to maximize the effectiveness of their advertising campaigns. This results in better outcomes and an improved return on investment.
In addition to BaaS, Beeswax provides clients with the Beeswax DSP, which offers added flexibility and control over media buying processes. This powerful combination, when utilized effectively, allows clients to make data-driven decisions and execute successful programmatic advertising campaigns.
Beeswax’s programmatic advertising capabilities have garnered immense recognition within the industry. Its reputation as a valuable asset for FreeWheel, and other companies, is well-deserved. With Beeswax, companies can tap into the full potential of programmatic advertising and achieve remarkable results.
Complementary Technologies And Added Value For FreeWheel Clients
The acquisition of Beeswax by FreeWheel brings together complementary technologies that will provide added value to FreeWheel’s supply-side and demand-side clients. By integrating Beeswax’s programmatic advertising capabilities into its existing infrastructure, FreeWheel strengthens its position as a leading player in the advertising market. Clients of both FreeWheel and Beeswax will benefit from the combined technologies, enjoying improved agility, custom optimizations, and access to extensible APIs.
The integration of Beeswax’s Bidder-as-a-Serviceā¢ (BaaS) platform into FreeWheel’s global ecosystem will provide clients with greater flexibility, transparency, and control over their media buying activities. This enhanced control will enable clients to customize their bidding strategies and make real-time adjustments to meet their unique campaign requirements. The addition of Beeswax’s technologies will ultimately enhance the advertising capabilities and effectiveness of FreeWheel’s clients.
Programmatic Transactions Drive Need For Customizable Bidding Technologies
The rise of programmatic advertising has brought significant changes to the media buying and selling process. With the increasing prevalence of programmatic transactions, there is a greater need for customizable and flexible bidding technologies. Advertisers and media companies now require solutions that can optimize their campaigns for specific audiences, formats, and platforms. This is where Beeswax’s Bidder-as-a-Serviceā¢ (BaaS) technology comes in. By offering clients the tools to create highly tailored bidding strategies, Beeswax’s BaaS technology enables better campaign performance.
The acquisition of Beeswax by FreeWheel reflects the commitment to meet the evolving demands of the advertising industry. Integrating Beeswax’s BaaS technology into FreeWheel’s platform will enhance bidding capabilities, empowering clients to effectively achieve their campaign objectives.
Enhancing Television Operations In The Complex Ecosystem
The advertising ecosystem has become increasingly complex, influenced by the rapid evolution of technology and consumer behaviors. FreeWheel and Beeswax aim to enhance how television operates within this intricate landscape. By combining Beeswax’s programmatic advertising technologies with FreeWheel’s expertise in the television advertising sector, both companies seek to streamline processes and create more effective advertising campaigns.
The integration of Beeswax’s bidding technology into FreeWheel’s infrastructure will enable users to access broader pools of inventory. This increased inventory availability empowers advertisers and media companies to fulfill complex campaign requirements more efficiently. The enhanced capabilities provided by the acquisition will help both FreeWheel and Beeswax customers navigate the complexities of the industry, ensuring their campaigns stand out in the evolving media landscape.
- The advertising ecosystem is complex, influenced by technology and consumer behaviors
- FreeWheel and Beeswax aim to enhance television advertising
- Combining Beeswax’s programmatic advertising technologies with FreeWheel’s expertise
- Streamline processes and create more effective campaigns
- Integration of Beeswax’s bidding technology into FreeWheel’s infrastructure enables access to broader inventory
- Increased inventory availability empowers advertisers and media companies
- Help both FreeWheel and Beeswax customers navigate the complexities of the industry
- Ensure campaigns stand out in the evolving media landscape.
Access To Broader Inventory Pools With Beeswax’s Bidding Technology
One of the key benefits that FreeWheel users will experience with the integration of Beeswax’s bidding technology is access to broader pools of inventory. Beeswax’s technology allows advertisers and media companies to reach a wider range of audiences across various platforms and channels. With the growing popularity of Connected TV (CTV) and Set-top Box Video on Demand (STB VOD), the ability to tap into this expanded inventory pool will become increasingly valuable.
Beeswax’s Bidder-as-a-Serviceā¢ (BaaS) technology enables users to create tailored bidding strategies that align with their campaign goals and specific audience requirements. This customization ensures that advertisers can optimize their media buying activities and achieve successful outcomes. The integration of Beeswax’s bidding technology into FreeWheel’s platform will unlock new opportunities and unleash the full potential of programmatic advertising for FreeWheel users.
- Access to broader pools of inventory
- Reach wider range of audiences across platforms and channels
- Tailored bidding strategies for campaign goals and audience requirements
- Optimization of media buying activities
- Unlocking new opportunities and unleashing the full potential of programmatic advertising.
“The integration of Beeswax’s bidding technology into FreeWheel’s platform will unlock new opportunities and unleash the full potential of programmatic advertising for FreeWheel users.”
Scale And Expertise Benefits For Beeswax Customers In Video And CTV Advertising Sectors
The acquisition of Beeswax by FreeWheel brings great benefits to its customers in the video and CTV advertising sectors. FreeWheel’s industry-scale expertise and resources will give Beeswax customers a increased competitive advantage and deliver enhanced support. The combination of FreeWheel’s established presence in the market and Beeswax’s innovative solutions will enable customers to achieve better results and improve their return on investment.
FreeWheel’s deep understanding of the video and CTV advertising landscape, combined with its ability to offer comprehensive programmatic solutions, ensures that Beeswax customers will have access to the latest advancements and industry best practices. This collaborative effort aims to empower Beeswax customers to drive successful advertising campaigns in the evolving digital media environment.
“The acquisition of Beeswax by FreeWheel marks a significant expansion for both companies.”
The blend of Beeswax’s programmatic advertising capabilities, including Bidder-as-a-Serviceā¢ (BaaS) technology, with FreeWheel’s expertise and scale in the television and video advertising sectors, positions FreeWheel as a frontrunner in providing customizable and effective programmatic advertising solutions. This acquisition not only benefits FreeWheel and Beeswax, but it also empowers advertisers and media companies to navigate the complex advertising ecosystem while achieving their campaign objectives.
Bullet Points:
- FreeWheel’s industry-scale expertise and resources provide a competitive advantage to Beeswax customers.
- The collaboration between FreeWheel and Beeswax enables customers to achieve better results and improve their ROI.
- Beeswax customers gain access to the latest advancements and industry best practices.
- The acquisition positions FreeWheel as a frontrunner in programmatic advertising solutions.
- The acquisition benefits both FreeWheel and Beeswax, as well as advertisers and media companies.
FAQ
What is beeswax in marketing?
In marketing, beeswax refers to a revolutionary Bidder-as-a-Service offered by our company. As the industry’s first of its kind, we provide media buyers with complete ownership and unprecedented control over their media buying processes. Backed by prominent investors such as Foundry Group, RRE, Amasia.vc, and You & Mr Jones, as well as renowned angel groups like SV Angel and Revel Partners, our Beeswax solution empowers advertisers to truly maximize their potential and shape their campaigns with unrivaled precision and efficiency. With Beeswax, marketers can enjoy a level of control and customization that sets new standards in the advertising industry, enabling them to achieve unparalleled success.
What is beeswax adtech?
Beeswax adtech is a revolutionary programmatic advertising solution offered by Beeswax, known for its innovative Bidder-as-a-Serviceā¢ (Baas) customizable bidding stack. This cutting-edge technology is widely adopted by prominent media companies and brands to enhance their programmatic advertising capabilities. By leveraging Beeswax adtech, clients can augment their existing supply-side and demand-side operations, allowing them to optimize and improve their advertising strategies to drive better outcomes in the digital advertising landscape. The integration of Beeswax’s advanced technology into FreeWheel’s existing suite of tools will generate significant value for their clients, granting them enhanced targeting options and a competitive edge in the ever-evolving adtech market.
Is beeswax an ad server?
No, beeswax is not an ad server. Although it is a platform that allows advertisers to control and have transparency over programmatic advertising, it is not specifically designed to serve ads. Instead, beeswax works as a real-time bidding (RTB) platform, built on an Amazon Web Services (AWS) infrastructure, enabling advertisers to bid for ad inventory and optimize their campaigns in real-time. It provides a comprehensive solution for programmatic advertising, but does not function as a traditional ad server.
Who owns beeswax DSP?
The recent acquisition of Beeswax DSP marks a new chapter in the company’s journey. The ad tech industry was taken by storm when Comcast’s FreeWheel announced the purchase, leading to a surge of speculation about the undisclosed terms. As Beeswax was originally founded by Ari Paparo, a renowned figure in the ad tech world, this acquisition showcases the growing influence and reach of Comcast’s video ad tech company, further solidifying their position in the market.