Magnite Acquires SpotX For $1.17 Billion
socalTECH
FEBRUARY 5, 2021
Magnite says the combined companies would have a full year, 2020 non-GAAP net revenue of $350 million. The company says it is looking at "operating cost synergies" of more than $35M. Magnite is acquiring SpotX from RTL Group. Magnite is led by President and CEO Michael Barrett.
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