AOL buys Millennial Media in deal to expand in mobile ads
Following on from AOL's partnership with Microsoft, AOL have announced they are to acquire mobile platform, Millennial Media,&nbsp;as part of their continued efforts to expand mobile advertising. This acquisition was&nbsp;done to&nbsp;globally boost AOL's&nbsp;status in mobile&nbsp;advertising&nbsp;based on&nbsp;Millennial's 65,000 apps and&nbsp;one billion active users in regions such as the US, Singapore, Japan, UK, France and Germany. Verizon recently acquired AOL&nbsp;to monetise and grow Verizon's mobile audience while building on AOL's advertising network, the inclusion of Millennial Media enhances AOL's offering as a publisher&nbsp;as an 'all in' platform for&nbsp;app developers. &nbsp;&nbsp;
AOL has announced an agreement to acquire mobile platform, Millennial Media, Inc, as part of its continued investment in digital advertising and mobile ads

The $238m deal follows on from a recent partnership with Microsoft and will strengthen AOL’s mobile capabilities and status as a global mobile media technology company after it was recently acquired by Verizon.