AOL Buys Mobile Marketer Millennial Media For Roughly $240 Million

by Greg Sterling
This morning AOL announced that it was buying mobile ad platform Millennial Media for roughly $240 million. A deal had been rumored for the past couple of months as Millennial has struggled as a public company. In addition to solving problems for Millennial the deal gives the Verizon-owned AOL greater programmatic reach into mobile.Read the full article