Millennial Media Acquires Nexage for $107,500,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9206a718-2166-41bf-aac6-db00f1b74759
Date
9/23/2014
Company Name
Nexage
Mailing Address
101 Arch Street Boston, MA 02110 USA
Company Description
Nexage is a leading developer of Mobile Advertising solutions that enable companies to maximize Ad revenue from their mobile properties.
Website
http://www.nexage.com
Transaction Type
M&A
Transaction Amount
$107,500,000
Transaction Round
Proceeds Purposes
M&A Terms
Millennial Media (NYSE: MM) today announced it has signed a definitive agreement to acquire Nexage for approximately $107.5 million in cash and stock.