BizWarriors Forum Is a Free Entrepreneur, Business and Start Up Forum

Connect With Other Entrepreneurs Online Today!
Dismiss Notice
Welcome to Our Community
Wanting to join the rest of our members? Feel free to sign up today.

AOL to acquire Millennial Media for about $250 million

Discussion in 'General Business and Entrepreneurship' started by EF-Roger, Sep 6, 2015.

Share This Page

  1. EF-Roger

    EF-Roger Entrepreneur

    1,395
    190
    63
    Now we have confirmation that that was the case, as AOL announced on Thursday that it has signed an agreement to buy mobile ad network Millennial Media to expand its reach into mobile.

    The proposed sale introduced Thursday of Millennial to AOL for about $248 million money, one-eighth of its market worth on the day of its preliminary public providing demonstrates the shifting nature of the fashionable promoting market, analysts and observers stated. AOL will also increase its mobile brand advertising scale across ONE, and it will have access to approximately one billion unique users globally.

    The deal also comes on the heels of Verizon’s acquisition of AOL, giving the carrier a slate of online video content and programmatic ad systems that are expected to play a big role in go90, Verizon’s coming “mobile-first” video offering.

    Read more AOL to acquire Millennial Media for about $250 million » Bulletin Leader
     

Share This Page

Loading...
Similar Threads - AOL acquire Millennial Forum Date
Major Issue for Hostgator Users: Yahoo & AOL Rejecting Emails Sales Dec 31, 2015
Visa acquires Visa Europe General Business and Entrepreneurship Nov 4, 2015
Oracle to Acquire Mobile-Marketing Startup Maxymiser General Business and Entrepreneurship Aug 20, 2015
ACQUIRE = Don't kill yourself to outperform the competition when you can just buy them! Investments Apr 22, 2015