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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 billion in cash and stock. Magnite is acquiring SpotX from RTL Group. Magnite is led by President and CEO Michael Barrett.

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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.

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WebVisible In Big Hiring Push In Los Angeles With New Office

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Irvine-based WebVisible , which helps small businesses place online advertising, said this morning it is in a big hiring push, and is immediately looking to hire over 75 employees across sales, IT, software engineering, and product design positions. The firm said it received more than 600 applications from that job fair.

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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. Tags: webvisible india jobs employment expansion oversease international advertising. READ MORE>>.

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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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