AppNexus: Difference between revisions
RichardWeiss (talk | contribs) →Founders and financing: add Brian Keeley stepped down as CEO in October 2018.<ref>[https://adexchanger.com/online-advertising/brian-okelley-steps-down-as-appnexus-ceo/ Brian O’Kelley Steps Down As AppNexus CEO] Published by adexchanger.com on October 5, 2018, retrieved on September 11, 2019</ref> |
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{{Short description|Technology company}} |
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{{advert|date=August 2018}} |
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{{Infobox company |
{{Infobox company |
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| name = AppNexus Inc. |
| name = AppNexus Inc. |
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| logo = |
| logo = |
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| type = Subsidiary |
| type = [[Subsidiary]] |
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| industry = [[Online advertising]] |
| industry = [[Online advertising]] |
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| foundation = 2007 |
| foundation = {{start date and age|2007}} |
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| area_served = Worldwide |
| area_served = Worldwide |
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| location = [[New York City]], United States |
| location = [[New York City]], United States |
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| key_people = Michael Rubenstein (president) |
| key_people = Michael Rubenstein ([[President (corporate title)|president]]) |
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| products = [[Infrastructure as a service]] <br/> [[Ad serving]] <br/> [[Analytics]] |
| products = [[Infrastructure as a service]] <br/> [[Ad serving]] <br/> [[Analytics]] |
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| revenue = |
| revenue = |
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| net_income = |
| net_income = |
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| num_employees = 1000+ |
| num_employees = 1000+ |
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| owner = |
| owner = |
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| parent = [[Xandr]] |
| parent = [[Xandr]] (2018-present) |
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| subsid = |
| subsid = |
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| footnotes = |
| footnotes = |
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| slogan = |
| slogan = |
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| homepage = [http://www.appnexus.com/ www.appnexus.com/] |
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}} |
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[[Xandr]], formerly known as '''AppNexus''', is an American multinational [[technology company]] operating a [[Cloud computing|cloud]]-based software platform that enables and optimizes programmatic online advertising.<ref name="New York Times">{{cite news|url=https://www.nytimes.com/2010/03/12/business/media/12adco.html | title=Instant Ads Set the Pace on the Web| work= The New York Times | date= 2010-03-12| access-date= 2010-03-12 |author=Stephanie Clifford| archive-url= https://web.archive.org/web/20100317165048/http://www.nytimes.com/2010/03/12/business/media/12adco.html| archive-date= 17 March 2010 | url-status= live}}</ref> 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|date=August 2020}} |
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AppNexus offers [[Online auction business model|online auction]] infrastructure and technology for data management, optimization, financial clearing and support for directly negotiated [[advertising campaign]]s. It has both [[demand-side platform]] (DSP) |
AppNexus offers [[Online auction business model|online auction]] infrastructure and technology for data management, optimization, financial clearing and support for directly negotiated [[advertising campaign]]s. 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_Inc|Magnite]], [[Pubmatic]] and other aggregators.<ref name=press>{{cite press release |title=AppNexus Officially Launches Ad Platform Fueling the Real-Time Bidding Revolution in Display Advertising |url=http://www.prnewswire.com/news-releases/appnexus-officially-launches-ad-platform-fueling-the-real-time-bidding-revolution-in-display-advertising-87460287.html |work= Press release| author= AppNexus| publisher=[[PR Newswire]] |date=2010-03-12 |access-date=2010-03-12| archive-url= https://web.archive.org/web/20100322191221/http://www.prnewswire.com/news-releases/appnexus-officially-launches-ad-platform-fueling-the-real-time-bidding-revolution-in-display-advertising-87460287.html| archive-date= 22 March 2010 | url-status= live}}</ref><ref>{{Cite web|url=http://www.mediapost.com/publications/article/271701/appnexus-expands-video-buying-adds-new-video-dema.html|title=AppNexus Expands Video Buying, Adds New Video Demand Partners|website=www.mediapost.com|access-date=2016-05-22}}</ref> It operates out of multiple [[data center]]s, including one in [[Amsterdam]] serving [[Europe]] and the [[Middle East]], in a facility shared with [[Equinix]].<ref name="gig2010"/> |
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⚫ | In June 2018, [[AT&T]] announced it was acquiring the company and putting it under its [[Xandr]] division as a [[subsidiary]].<ref>{{cite web |title=AT&T to Acquire AppNexus |url=https://www.businesswire.com/news/home/20180625005372/en/ATT-Acquire-AppNexus |website=www.businesswire.com |access-date=23 December 2019 |language=en |date=25 June 2018}}</ref> AppNexus was reportedly sold for $1.6 billion, while most news outlets speculated the company did not sell for less than $2 billion.<ref>{{Cite news|url=https://adexchanger.com/tv-2/att-will-acquire-appnexus/|title=AT&T Will Acquire AppNexus {{!}} AdExchanger|date=2018-06-25|work=AdExchanger|access-date=2018-07-13|language=en-US}}</ref> |
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In 2016, AppNexus was ranked #21 on ''[[Forbes]]'' Magazine's "The Cloud 100" list.<ref>{{cite web|url=https://www.forbes.com/cloud100/|title=The Cloud 100|publisher=Forbes|accessdate=17 November 2016}}</ref> |
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In October 2019, Xandr purchased Clypd, a privately-held technology company focused on enabling programmatic buying of linear television advertising.<ref>{{cite web|url=https://adage.com/article/digital/xandr-acquires-clypd-move-build-connected-tv-empire/2208371|title=Xandr Acquired Clypt in Move to Build Connevted TV Empire|date=18 October 2019 }}.</ref> |
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⚫ | In June 2018, [[AT&T]] announced it was acquiring the company and putting it under its [[Xandr]] division as a [[subsidiary]].<ref>https://www.businesswire.com/news/home/20180625005372/en/ATT-Acquire-AppNexus</ref> AppNexus was reportedly sold for $1.6 billion while most news outlets speculated the company did not sell for less than $2 billion. |
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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.<ref>{{cite web|title=Microsoft to buy Xandr ad marketplace from AT&T|url=https://www.zdnet.com/article/microsoft-to-buy-xandr-ad-marketplace-from-at-t/|work=[[ZDNet]]|first=Mary Jo|last=Foley|date=December 21, 2021|access-date=December 21, 2021}}</ref> |
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==Founders and financing== |
==Founders and financing== |
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AppNexus was founded by |
AppNexus was founded by former [[Right Media]] staff, [[Chief Technical Officer|CTO]] [[Brian O'Kelley]], and Mike Nolet, product manager and director of analytics,<ref>{{cite web|url=http://www.appnexus.com/about/ |title=Who We Are |publisher=AppNexus |access-date=2011-05-11| archive-url= https://web.archive.org/web/20110517201506/http://appnexus.com/about/| archive-date= 17 May 2011 | url-status= live}}</ref> with Michael Rubenstein, a former vice president and general manager at Google [[DoubleClick]], who joined AppNexus as president in September 2009.<ref>[http://appnexus.com/documents/09-09-rubenstein-release.pdf] {{webarchive|url=https://web.archive.org/web/20101212033706/http://appnexus.com/documents/09-09-rubenstein-release.pdf|date=December 12, 2010}}</ref> The company was financially backed by [[Microsoft]], [[Khosla Ventures]], [[First Round Capital]], [[Venrock]],<ref>{{cite web|url=http://www.pr-inside.com/appnexus-secures-8-million-in-series-r821371.htm |title=AppNexus Secures $8 Million in Series B Funding |publisher=Pr-inside.com |access-date=2011-05-11 |url-status=dead |archive-url=https://web.archive.org/web/20120614091316/http://www.pr-inside.com/appnexus-secures-8-million-in-series-r821371.htm |archive-date=2012-06-14 }}</ref> 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.<ref>[https://adexchanger.com/online-advertising/brian-okelley-steps-down-as-appnexus-ceo/ Brian O’Kelley Steps Down As AppNexus CEO] Published by adexchanger.com on October 5, 2018, retrieved on September 11, 2019</ref> |
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== References == |
== References == |
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{{reflist|2|refs= |
{{reflist|2|refs= |
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<!-- <ref name="forbesindia2013">{{cite web |author=Alex Conrad |title=How AppNexus CEO Became the King of Ad Tech | url= http://forbesindia.com/article/cross-border/how-appnexus-ceo-became-the-king-of-ad-tech/35645/1#ixzz2b2C8CyCi |publisher=Forbes.com |date=2013-08-04 | |
<!-- <ref name="forbesindia2013">{{cite web |author=Alex Conrad |title=How AppNexus CEO Became the King of Ad Tech | url= http://forbesindia.com/article/cross-border/how-appnexus-ceo-became-the-king-of-ad-tech/35645/1#ixzz2b2C8CyCi |publisher=Forbes.com |date=2013-08-04 |access-date=2013-08-04}}</ref> --> |
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<ref name="gig2010">{{cite web|author=Liz Gannes |url= http://gigaom.com/2010/10/05/appnexus-raises-50m-for-real-time-ad-platform/ |title=AppNexus Raises $50M for Real-time Ad Platform: Tech News and Analysis « |publisher=Gigaom.com |date=2010-10-05 | |
<ref name="gig2010">{{cite web|author=Liz Gannes |url= http://gigaom.com/2010/10/05/appnexus-raises-50m-for-real-time-ad-platform/ |title=AppNexus Raises $50M for Real-time Ad Platform: Tech News and Analysis « |publisher=Gigaom.com |date=2010-10-05 |access-date=2011-05-11}}</ref> |
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{{Microsoft}} |
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== External links == |
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* {{Official website|http://www.appnexus.com}} |
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{{AT&T}} |
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{{DEFAULTSORT:Appnexus}} |
{{DEFAULTSORT:Appnexus}} |
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[[Category: |
[[Category:2007 establishments in New York City]] |
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[[Category: |
[[Category:Pay-per-click search engines]] |
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[[Category: |
[[Category:E-commerce software]] |
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[[Category: |
[[Category:Online companies of the United States]] |
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[[Category:American companies established in 2007]] |
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[[Category: |
[[Category:Marketing companies established in 2007]] |
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[[Category:Online advertising services and affiliate networks]] |
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[[Category:Mass media companies based in New York City]] |
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[[Category:Microsoft acquisitions]] |
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[[Category:Microsoft subsidiaries]] |
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[[Category:Former AT&T subsidiaries]] |
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[[Category:2018 mergers and acquisitions]] |
[[Category:2018 mergers and acquisitions]] |
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Latest revision as of 23:19, 27 October 2024
Company type | Subsidiary |
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Industry | Online advertising |
Founded | 2007 |
Headquarters | New York City, United States |
Area served | Worldwide |
Key people | Michael Rubenstein (president) |
Products | Infrastructure as a service Ad serving Analytics |
Number of employees | 1000+ |
Parent | Xandr (2018-present) |
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 June 2018, AT&T announced it was acquiring the company and putting it under its Xandr division as a subsidiary.[5] AppNexus was reportedly sold for $1.6 billion, while most news outlets speculated the company did not sell for less than $2 billion.[6]
In October 2019, Xandr purchased Clypd, a privately-held technology company focused on enabling programmatic buying of linear television advertising.[7]
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.[8]
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,[9] with Michael Rubenstein, a former vice president and general manager at Google DoubleClick, who joined AppNexus as president in September 2009.[10] The company was financially backed by Microsoft, Khosla Ventures, First Round Capital, Venrock,[11] 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.[12]
References
[edit]- ^ Stephanie Clifford (2010-03-12). "Instant Ads Set the Pace on the Web". The New York Times. Archived from the original on 17 March 2010. Retrieved 2010-03-12.
- ^ 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.
- ^ "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
- 2007 establishments in New York City
- Pay-per-click search engines
- E-commerce software
- Online companies of the United States
- American companies established in 2007
- Marketing companies established in 2007
- Online advertising services and affiliate networks
- Mass media companies based in New York City
- Microsoft acquisitions
- Microsoft subsidiaries
- Former AT&T subsidiaries
- 2018 mergers and acquisitions