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Xandr , formerly known as AppNexus , is an American multinational technology company operating a cloud -based software platform that enables and optimizes programmatic online advertising.[1] Headquartered in the Flatiron District of New York City, the company has 23 offices in North America, Latin America, Europe, Asia and Australia.[citation needed ]
AppNexus offers online auction infrastructure and technology for data management, optimization, financial clearing and support for directly negotiated advertising campaigns . It has both demand-side platform (DSP), supply-side platform (SSP), and ad serving functionalities. It integrates with advertising sources including Google's "Authorized Buyers" ad exchange, Magnite , Pubmatic and other aggregators.[2] [3] It operates out of multiple data centers , including one in Amsterdam serving Europe and the Middle East , in a facility shared with Equinix .[4]
In 2016, AppNexus was ranked #21 on Forbes Magazine's "The Cloud 100" list.[5]
In June 2018, AT&T announced it was acquiring the company and putting it under its Xandr division as a subsidiary .[6] AppNexus was reportedly sold for $1.6 billion, while most news outlets speculated the company did not sell for less than $2 billion.[7]
In October 2019, Xandr purchased Clypd, a privately-held technology company focused on enabling programmatic buying of linear television advertising.[8]
In December 2021, AT&T announced that they had agreed to sell Xandr to Microsoft for an undisclosed price, subject to customary closing conditions, including regulatory reviews.[9]
Founders and financing [ edit ]
AppNexus was founded by former Right Media staff, CTO Brian O'Kelley , and Mike Nolet, product manager and director of analytics,[10] with Michael Rubenstein, a former vice president and general manager at Google DoubleClick , who joined AppNexus as president in September 2009.[11] The company was financially backed by Microsoft , Khosla Ventures , First Round Capital , Venrock ,[12] Kodiak Venture Partners, Marc Andreessen , Ben Horowitz , and Ron Conway ; as of 2015 the company had raised $250 million in financing. O'Kelley stepped down as CEO in October 2018.[13]
References [ edit ]
^ AppNexus (2010-03-12). "AppNexus Officially Launches Ad Platform Fueling the Real-Time Bidding Revolution in Display Advertising" . Press release (Press release). PR Newswire . Archived from the original on 22 March 2010. Retrieved 2010-03-12 .
^ "AppNexus Expands Video Buying, Adds New Video Demand Partners" . www.mediapost.com . Retrieved 2016-05-22 .
^ Liz Gannes (2010-10-05). "AppNexus Raises $50M for Real-time Ad Platform: Tech News and Analysis «" . Gigaom.com. Retrieved 2011-05-11 .
^ "The Cloud 100" . Forbes . Retrieved 17 November 2016 .
^ "AT&T to Acquire AppNexus" . www.businesswire.com . 25 June 2018. Retrieved 23 December 2019 .
^ "AT&T Will Acquire AppNexus | AdExchanger" . AdExchanger . 2018-06-25. Retrieved 2018-07-13 .
^ "Xandr Acquired Clypt in Move to Build Connevted TV Empire" . 18 October 2019. .
^ Foley, Mary Jo (December 21, 2021). "Microsoft to buy Xandr ad marketplace from AT&T" . ZDNet . Retrieved December 21, 2021 .
^ "Who We Are" . AppNexus. Archived from the original on 17 May 2011. Retrieved 2011-05-11 .
^ [1 ] Archived December 12, 2010, at the Wayback Machine
^ "AppNexus Secures $8 Million in Series B Funding" . Pr-inside.com. Archived from the original on 2012-06-14. Retrieved 2011-05-11 .
^ Brian O’Kelley Steps Down As AppNexus CEO Published by adexchanger.com on October 5, 2018, retrieved on September 11, 2019
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R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=AppNexus&oldid=1223902037 "
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a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n .
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