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AT&T to Buy AppNexus

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Jun 25, 2018, 7:59 AM   by Eric M. Zeman

AT&T today said it has agreed to buy AppNexus for an undisclosed sum. AppNexus runs a global advertising marketplace and helps publishers, marketers, and agencies place digital ads. The company will be added to AT&T's newly formed advertising and analytics business, which is run by Brian Lesser. AT&T's ad business is one of four new pillars the company announced after it closed its acquisition of Time Warner. AT&T says it needs the company to compete with Verizon, Google, and others. AT&T expects the acquisition to close during the third quarter of the year.

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