AdExchanger: LUMA’s Terry Kawaja Says Ad Tech Consolidation-Including ‘Fails’ – Is Here. And It’s Good.

Terence Kawaja, founder and CEO at LUMA Partners, has surveyed the past few week’s notable deals — demand-side platforms MediaMath’s acquisition of Akamai’s Advertising Decision Solutions (ADS) unit (which his firm helped broker); exchange platform AppNexus’ $75 million venture capital funding; and the shuttering of adBrite’s exchange business. And he sees the clear formation of the ad tech industry consolidation that industry participants and observers believed was coming two years ago. AdExchanger