Azerion Group N.V.

Azerion Group N.V.
Trade name	Azerion Group N.V.
Company type	Public company
Founders	Atilla Aytekin; Umut Akpinar
Headquarters	Schiphol-Rijk, the Netherlands
Key people	Atilla Aytekin (CEO); Umut Akpinar (CEO); Ben Davey (CFO); Joost Merks (CM&A); Sebastiaan Moesman (CSO); Julie Duong Ferat (CFO); Gönenç Tarakcioglu (CPO)
Revenue	EURЄ 515 million (FY 2023 and + 38% Adjusted EBITDA growth vs FY 2022;
Number of employees	1110+ FTEs (2023)
Website	www.azerion.com
	Footnotes / references;

Azerion Group N.V. (or Azerion) is a public company founded in 2014 and is active within Europe's digital advertising and entertainment industry. Functioning primarily as a digital media platform, the company facilitates connections between advertisers and a global audience through the application of its proprietary technological solutions.^[2]^[3]

Azerion also manages a portfolio of owned content and maintains partnerships with digital publishers. Headquartered in Amsterdam, with commercial teams in over 26 cities worldwide, Azerion provides advertising solutions to its clients and partners.^[4]

History

Aytekin and Akpinar met at the Turkish student association at TU Delft. In 2004, they founded Triodor Software and Orange Games later the same year before renaming it Azerion.^[5]

Founded in late 2013, Azerion commenced operations in 2014 with an initial team of 45 employees. Over time, the company transitioned from its origins in social and casual games to establish itself in Europe's digital advertising and entertainment industry.^{[citation needed]}

In 2016, Azerion broadened its scope by entering the distribution of digital goods via e-commerce with the acquisition of Voidu.^[6]^[7]

Azerion became a publicly-traded company listed on Euronext Amsterdam in February 2022 following a merger with EFIC1, an already publicly traded special-purpose acquisition company.^[8]

In 2023, Azerion co-CEO Atilla Aytekin stepped down after an investigation by the Dutch Financial Market Authority was launched, citing possible market manipulations.^[9]

References

^ "Azerion Group (AMS:AZRN) Full Year 2022 Results".
^ "Azerion Group N.V. (AMS:AZRN) Is Expected To Breakeven In The Near Future". simplywall.st. 2023-08-20. Retrieved 2023-09-14.
^ "Azerion NV lists in Amsterdam at $1.2 billion market capitalisation". Reuters. 2022-02-02. Retrieved 2023-09-14.
^ "Azerion Holding B.V. Strategy Deep Dive Q3 2022" (PDF).
^ Aytekin, Atilla (2006). Atilla's Dutch Dream (in Dutch). Nieuw Amsterdam. ISBN 9789046801833.
^ "Gaming platform Voidu selects Worldline as payments partner". IBS Intelligence. Retrieved 2023-09-14.
^ NV, Azerion Group (2023-04-26). "Publication of 2022 Annual Report of Azerion Group N.V." GlobeNewswire News Room. Retrieved 2023-09-14.
^ "Azerion Group NV lists on Euronext Amsterdam". 2022-02-02. Retrieved 2023-09-14.
^ "Topman gamesbedrijf Azerion tijdelijk weg vanwege onderzoek AFM". Telegraaf (in Dutch). Retrieved 2023-05-06.

[1] "Azerion Group (AMS:AZRN) Full Year 2022 Results".

[2] "Azerion Group N.V. (AMS:AZRN) Is Expected To Breakeven In The Near Future". simplywall.st. 2023-08-20. Retrieved 2023-09-14.

[3] "Azerion NV lists in Amsterdam at $1.2 billion market capitalisation". Reuters. 2022-02-02. Retrieved 2023-09-14.

[4] "Azerion Holding B.V. Strategy Deep Dive Q3 2022" (PDF).

[5] Aytekin, Atilla (2006). Atilla's Dutch Dream (in Dutch). Nieuw Amsterdam. ISBN 9789046801833.

[6] "Gaming platform Voidu selects Worldline as payments partner". IBS Intelligence. Retrieved 2023-09-14.

[7] NV, Azerion Group (2023-04-26). "Publication of 2022 Annual Report of Azerion Group N.V." GlobeNewswire News Room. Retrieved 2023-09-14.

[8] "Azerion Group NV lists on Euronext Amsterdam". 2022-02-02. Retrieved 2023-09-14.

[9] "Topman gamesbedrijf Azerion tijdelijk weg vanwege onderzoek AFM". Telegraaf (in Dutch). Retrieved 2023-05-06.

[2]