Online ad spending is accelerating and valuations for ad tech companies are at all time highs with renewed interest among investors.
February 23, 2021

The latest wave of consolidation -- Magnite and Spotx, Verve and Nexstar, Smart Adserver and Capital Croissance, just to name a few -- is in full swing and it’s scrappier than ever. Not only that, but the pace of deals has accelerated to a point that’s left some onlookers puzzled. Investors, whether they’re private or public, seem fine with big, initially costly consolidation of ad tech companies. This is largely because revenue growth, not profit, drive corporate value right now. Read more below.

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