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SpotX

Magnite confirms Australian leadership team following acquisition of SpotX

Magnite (Nasdaq: MGNI), the world’s largest independent sell-side advertising platform, today announced that James Young will remain as Managing Director of Australia for Magnite following the acquisition of SpotX. Juliette Stead will continue to lead Magnite across Asia Pacific and Japan in her role of Senior Vice President, Head of JAPAC, while Gavin Buxton has been appointed Managing Director of Asia.

Magnite Closes SpotX Acquisition

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.

Magnite to Acquire SpotX

Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, today announced that it has entered into a definitive agreement to acquire SpotX from RTL Group for $1.17 billion in cash and stock. SpotX is one of the leading platforms shaping CTV and video advertising globally.

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