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Magnite Acquires SpotX For $1.17 Billion

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Los angeles-based sell-side advertising platform operator Magnite announced this morning that it has agreed to acquire SpotX, a video advertising platform provider, in a deal worth $1.17 Magnite says the combined companies would have a full year, 2020 non-GAAP net revenue of $350 million. billion in cash and stock.

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WebVisible Moves Headquarters To Los Angeles

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WebVisible , which helps small and medium sized businesses place online advertising, announced Wednesday afternoon that it has moved its headquarters from Irvine, to Los Angeles. WebVisible said it is moving to a new, creative space in Playa Vista, within the Electronics Arts Campus. READ MORE>>.

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SocialVibe Bolsters Exec Team

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Los Angeles-based SocialVibe , the online advertising firm headed by Todd Tappin, has bolstered its exec team today, saying it has named three senior executives at the company. Lonigro was perviously at Blue Noodle, and also had been at Live Gamer, Electronic Art's Pogocom, along with IAC and GeoCities.com.

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WebVisible Expands In India

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Irvine-based WebVisible , which helps small and medium sized businesses place and manage their Internet advertising, announced today that it has opened up a new facility in Mumbai, India. The company said it is hiring project managers, engineers, and technical leads in the area of software and quality assurance and database administrators.

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MarketShare Partners Gets Investment From Elevation

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Los Angeles-based MarketShare Partners , a provider of marketing analytics software said Wednesday afternoon that it has scored an investment round from Elevation Partners. Tags: partners elevation private bono marketing equity venture software capital marketshare advertising. Financial terms of the funding were not disclosed.

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