AT&T snaps up AppNexus in billion-dollar ad tech bid
US telecoms firm AT&T has bought ad tech giant AppNexus in a deal expected to be worth in excess of $1bn (£753m).
While the value of the transaction hasn’t been disclosed by the two companies, Wall Street Journal expected a possible deal could reach $1.6bn (£1.2bn). The announcement follows just a week after AT&T’s $85bn (£64bn) acquisition of Time Warner.
As reported by Marketing Tech last week, AT&T has been eyeing AppNexus’...