Linkury

Company Overview

Snapshot

Founded in June 2009 by Netanel Namdar, Linkury operates with 1-10 employees. The company was acquired by Algomizer for $11M in July 2017.

Business overview

Linkury provides monetization solutions for software applications and content publishers across web, mobile, and desktop platforms. The company delivers B2C products through various user-acquisition techniques and offers B2B platform services with customized monetization tools. Linkury operates within the Business Software sector, specifically focusing on Sales & Marketing Solutions, Advertising Platforms, Media & Entertainment Technologies, and Digital Content Distribution.

Strategic signal

In March 2019, Linkury entered into a memorandum of understanding with Medigus Ltd to establish a commercial technological platform for the manufacturing, marketing, and distribution of cannabidiol (CBD) products. This partnership signals Linkury's strategic expansion into new, high-growth markets and demonstrates its ability to leverage its online advertising expertise for diverse product categories, indicating potential for new revenue streams and market diversification.

Company Intelligence Q&A

What was a significant strategic partnership for Linkury?

In March 2019, Linkury entered into a memorandum of understanding with Medigus Ltd to establish a commercial technological platform for CBD products, including manufacturing, marketing, and distribution. They also planned to explore forming an international advertisement company as a joint venture.

When was Linkury acquired?

Linkury was acquired by Xylo Technologies in June 2019.

What was the outcome of the merger between Linkury and Exomode?

In October 2018, Linkury's merger with Exomode was approved, streamlining businesses and leading to cost savings. The merged entity also received Preferred Technology Plant status in Israel, reducing its corporate tax rate and improving profitability.

What were Linkury's financial results in Q1 2018?

In April 2018, Linkury, as a subsidiary of Algomizer Group, reported Q1 2018 revenues of $9 million and a profit of $1.1 million. The company also saw a 36% increase in searches using its products compared to Q1 2017.

When did Algomizer acquire Linkury and for what amount?

In July 2017, Algomizer acquired Linkury for $11 million plus options. Algomizer financed the transaction through investment agreements totaling approximately $11 million.