Wondering whatever became of AOL’s big plans to use Baltimore-based Millennial Media’s mobile ad platforms? After all, AOL paid $250 million for the company in 2015 as part of a drive to boost its presence in the mobile ad space. ...
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AOL completed its $250 million acquisition of Baltimore-based Millennial Media, Baltimore’s one-time tech darling whose mobile ad services proved popular if not always profitable. AOL, which is owned by Verizon, paid $1.75 per share for all outstanding Millennial stock. Shares ...
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Millennial Media CEO Michael Barrett is expected to leave the company after its merger with AOL Inc. is finalized, and he has a golden parachute compensation package lined up totaling $2.2 million. U.S. Securities and Exchange Commission filings made public ...
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Read More »Four out-of-state law firms wasted little time in soliciting free initial consultations with shareholders of Baltimore-based Millennial Media Inc. after the company announced last week that it agreed to be bought by AOL Inc. for $238 million, or $1.75 per share.
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Millennial Media Inc. surged the most in three years after TechCrunch reported that AOL Inc. is in talks with the mobile-advertising company about a possible acquisition. Millennial jumped 28 percent to $1.86 at the close in New York, the biggest ...
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AOL and Ad.com are moving their offices from Tide Point to Brewers Hill.
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Read More »NEW YORK — YouTube vs. TV? YouTube says the battle — if there ever was one — is over. In a flashy presentation to advertisers Wednesday night, Google Executive Chairman Eric Schmidt declined to forecast that Internet video will displace ...
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Read More »NEW YORK — AOL Inc. said Thursday shareholders voted at their annual meeting to re-elect all eight directors on the company’s board, fending off a takeover attempt by one of its largest investors. New York-based investment firm Starboard Value LP, ...
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Read More »NEW YORK — Microsoft, which just bought patents from AOL for $1 billion, is now turning around and selling most of them to Facebook for $550 million. Facebook is buying about 650 of the 925 AOL patents and patent applications ...
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Read More »NEW YORK — AOL says it has agreed to sell 800 of its patents and their related applications to Microsoft and grant it a license for its remaining patents for a total about $1.06 billion in cash. New York-based AOL ...
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