By sean larkin

Adtech outfit AppNexus has field papers for a initial public offering (IPO) and is seeking a valuation of up to $2bn with the float expected to come in the second quarter of 2017, according to reports.

The Wall Street Journal reports that AppNexus has quietly filed paperwork for the IPO, and is in talks with Goldman Sachs, JP Morgan Chase to serve as underwriters for the deal, citing sources close to the proceedings.

The reports come just two weeks after Snap reportedly made a similar move, and two months after fellow adtech outfit The Trade Read full story ›

Source: The Drum