Home News Kanda’s client Millennial Media is acquired by AOL

Kanda’s client Millennial Media is acquired by AOL

Kanda is excited to announce that its client Millennial Media has been acquired by AOL in a deal worth approximately $238 million.

Aol, that is now owned by Verizon, expects to scale its mobile reach and advertising options with this acquisition. Millennial Media’s reach extends to more than 1 billion users and 65000 mobile applications and will equip Aol with the additional firepower to compete against advertising giants like Google and Facebook. Advertisers will be able to achieve a greater reach in the in-app display ad space.

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