The founder of Google-owned AdMob has quit the company citing “personal reasons”.
Omar Hamoui walked from Mountain View on Friday, nearly a year after Google announced plans to buy AdMob for $750m. It finally took over the outfit in May when the US Federal Trade Commission dropped its probe of the acquisition of the mobile ad network.
Google confirmed to TechCrunch on Friday that AdMob’s CEO had resigned due to private matters.
“He built a fantastic business in a short period of time, and we wish him all the best,” Google said in a statement. “Mobile advertising – across search and display – is now a billion-dollar business for Google, with AdMob a key part of that.”
Hamoui wasn’t the only high-profile founder of a company acquired by Google to walk away from the firm late last week.
As we reported earlier, YouTube co-founder Chad Hurley stood down from day-to-day running of the popular video sharing site. ®