Criteo: Recent acquisitions expand offering and show CRTO also a target -- Pacific Crest
Pacific Crest is a buyer of CRTO after the acquisition of Tedemis expands its offering. The expansion of retargeting solutions into email increasingly positions Criteo to be an acquisition target itself. Firm believes co's current position gives it the opportunity to continue to grow very quickly due to a fast-growing sub-segment, continued market share gains and increasing vertical exposure; Outperform.