Millennial Media Inc
Company & Industry Overviews
The Millennial Media acquisition will enable AOL to strengthen its suite of product offerings for advertisers, especially when it comes to mobile advertising.
On September 3, 2015, AOL announced the acquisition of Millennial Media (MM) for $1.75 per share. The stock price of Millennial Media has risen by a steep 30.6% since the announcement of the acquisition.
Mobile devices are an important revenue driver for Facebook.