Brand Networks Acquires Social Ad Platform Shift For $50M

Social marketing company Brand Networks continues to gobble up the competition — it just announced that it’s acquiring Shift in a $50 million cash-and-stock deal.

Back in 2013, it acquired Optimal, another social media advertising company. Brand Networks founder and CEO Jamie Tedford (pictured above) said “the success of our own business on-boarding Optimal” made him confident about integrating Shift.