Xandr, Inc. (pronounced "Zander") is a New York City–headquartered advertising-technology company founded on September 25, 2018. It was assembled from AT&T's advertising businesses — principally AppNexus, which AT&T acquired in 2018 for a reported ~$1.6 billion, plus the AdWorks unit. Xandr operated as an AT&T advertising and analytics subsidiary until AT&T agreed in December 2021 to sell it to Microsoft; the transaction closed June 6, 2022 (reported value roughly $1 billion, though terms were undisclosed). Xandr is therefore now a Microsoft subsidiary, and its separate brand was retired in 2023 when its platforms were renamed under Microsoft Advertising.
Products / services. Xandr operates a programmatic digital-advertising marketplace serving both the buy and sell sides: Xandr Invest (demand-side platform), Xandr Monetize (supply-side platform), Xandr Curate (data and inventory marketplace), and Invest TV for television/connected-TV buying. These offerings were rebranded Microsoft Invest, Microsoft Monetize, and Microsoft Curate in 2023. Predecessor AppNexus reported 1,000+ employees; a current, verified standalone headcount or revenue figure for Xandr is not publicly disclosed.
Patent-litigation posture. The structured data show Xandr as a defendant in all three tracked cases and as plaintiff in none — the profile of an operating company being attacked rather than an entity asserting patents. All three suits are brought by AlmondNet, Inc. and related plaintiffs, a known patent-assertion entity, against Microsoft Corporation and related defendants including Xandr.
Notable cases / context. The tracked matters are AlmondNet, Inc. et al. v. Microsoft Corporation et al. (filed 2022-11-18) and AlmondNet, Inc. et al. v. Microsoft Corp. et al. (filed 2021-08-27), plus one undated entry, all in the Western District of Texas. Two are assigned to Waco Division, where Judge Alan D. Albright's court is a frequent venue for patent plaintiffs. The cases concern targeted-advertising technology, matching the digital-ad targeting functions of Xandr/Microsoft's advertising platforms. No merits determinations are asserted here.