Pinterest Acquires CTV Ad Platform tvScientific

Pinterest has announced that it’s moving to acquire connected TV advertising platform tvScientific, which will expand Pinterest’s promotional capacity to a broader range of surfaces and formats.

The acquisition, which is currently pending approval, will enable Pinterest to combine its audience insights and consumer data signals with tvScientific’s CTV engine, which will provide opportunity to reach customers on their home TV sets, and measure ad results.

As per Pinterest:

With this acquisition, Pinterest will bring high-intent audiences to CTV. tvScientific’s outcome-based CTV platform will be integrated directly into Pinterest’s performance products, including its automation and AI-powered advertising suite, Pinterest Performance+.

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