Marin Software plans to shut down after years of decline – Search Engine Land
Online advertising platform Marin Software announced plans today to dissolve the company, subject to shareholder approval. Marin’s board of directors approved a formal Plan of Dissolution and Liquidation.
The San Francisco-based software provider, founded 19 years ago (in April 2006), was once a leading search and social marketing platform.
Why we care. Marin was one of the first companies to offer a cross-channel ad management platform to help advertisers optimize campaigns. However, Marin struggled in recent years with declining revenue and customer churn. In Q3 2024, Marin reduced its headcount by 26% to cut costs.
What’s next. If shareholders vote in favor of the plan at a special meeting later this quarter, Marin will:
- Wind down operations in an “orderly” fashion.
- Delist from Nasdaq.
- Resolve debts and liabilities.
- Attempt to sell any remaining assets.
- Distribute net proceeds to shareholders.
- Begin the formal shutdown process under Delaware law.
What they’re saying. CEO and…
The post Marin Software plans to shut down after years of decline – Search Engine Land first appeared on One SEO Company News.
source: https://news.oneseocompany.com/2025/04/10/marin-software-plans-to-shut-down-after-years-of-decline-search-engine-land_2025041060685.html
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