Magnite

Magnite Inc. is the world's largest independent sell-side advertising platform, providing technology solutions that enable publishers to monetize their content across various screens and formats, including Connected TV (CTV), online video, display, and audio.

The company was established in 2007 as Rubicon Project, an online advertising exchange. In 2020, Rubicon Project merged with Telaria, a leading supply-side platform for CTV, and rebranded as Magnite. This strategic merger expanded Magnite's capabilities in the rapidly growing CTV market.

In 2021, Magnite further solidified its position in the CTV sector by acquiring SpotX, a prominent video advertising platform, for $1.17 billion. This acquisition enhanced Magnite's ability to offer comprehensive solutions for publishers and advertisers in the CTV space.

Magnite's platform connects publishers with advertisers, agencies, and demand-side platforms, facilitating billions of advertising transactions each month. The company's technology ensures brand safety, high-quality ad inventory, and robust data governance, fostering trust among its clients.

Headquarters and Locations

Headquartered in Los Angeles, California, Magnite operates offices across multiple continents.

• United States: Boston, Broomfield, New York, San Francisco, Seattle, and Los Angeles
• International: São Paulo, London, Berlin, Milan, Paris, Stockholm, Sydney, Tokyo, and Toronto

Stock Market Information for Magnite Inc (MGNI)

• Equity traded in the USA market
• Current price: 24.53 USD with a change of -0.14 USD (-0.01%) from the previous close
• Latest open price: 24.9 USD
• Intraday volume: 3,274,899
• Intraday high: 25.25 USD
• Intraday low: 24.39 USD
• Latest trade time: Thursday, July 3, 14:15:00 PDT