AOL is reportedly in talks to buy mobile ad network Millennial Media for $300 million to $350 million, which would let AOL sell ads within thousands of apps and give it access to more data and better targeting tools. But industry players said there are other mobile companies up for grabs.
Rumors about the Baltimore-based Millennial Media's acquisition have been circling for a couple of years after it bought companies like Nexage and Jumptap to build data into its network of 65,000 apps.
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