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Magnite closes US$1.14 bn SpotX acquisition

Magnite closes US$1.14 bn SpotX acquisition May 3, 2021 10:48 Global sell-side advertising platform Magnite has closed its acquisition of SpotX from RTL Group for US$1.14 billion. The announcement: Magnite (Nasdaq: MGNI) today closed its previously-announced acquisition of SpotX from RTL Group, creating the largest independent CTV and video advertising platform, and reinforcing the company’s capabilities as linear TV budgets increasingly shift to digital. Buyers and sellers have long wanted ...
Jill Steinhauser Dan Callahan Scott Keslar Mike Shehan Michael Barrett Louqman Parampath

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