Nine Acquires QMS in $850M Deal
Acquisition

Nine Acquires QMS in $850M Deal

•Feb 18, 2026

Participants

Nine Inch Nails

Nine Inch Nails

acquirer

QMS

QMS

target

Deal Summary

Australian media company Nine announced the acquisition of digital out‑of‑home advertising platform QMS for $850 million. The deal, reported on 18 February 2026, aims to expand Nine’s presence in the DOOH market and strengthen its advertising capabilities.

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