OREANDA-NEWS. Geniee, Inc. and SoftBank Mobile Corp. announced they have concluded a contract for a business tie up. Under the agreement, SoftBank Mobile will commence an SSP business starting November 2014 in collaboration with Geniee to strengthen the SoftBank Group's Internet advertising business. Also in line with the contract, SoftBank Corp. will purchase 32.9% of Geniee's outstanding shares.

Since its foundation in 2010, Geniee has utilized ad technology to become one of Japan's largest SSP operators. Geniee also created the "RTB Market" as a new market in Japan through its promotion of programmatic buying, a system that maximizes revenues for Internet media publishers.

With this alliance, Geniee will provide SSP to SoftBank Mobile, and SoftBank Mobile will in turn utilize this SSP to maximize Internet advertising revenues within the SoftBank Group. As a result, advertisers will be able to bid for ad slots using RTB on the various digital advertising mediums of SoftBank Mobile and other SoftBank Group companies. More than ever before, advertisers will be able to deliver real-time and efficient Internet advertising that matches user demographics.

Through this tie up, Geniee and the SoftBank Group will strive to lead Japan's Internet advertising industry and further expand their businesses.