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Millennial Media acquired Nexage, Inc.

LUMA Partners advised Millennial Media, a leading mobile advertising company, on its acquisition of Nexage, Inc., a leading provider of Real-Time-Bidding (RTB) technology that helps to automate the buying and selling of mobile advertising. The deal will enable Millennial Media to expand its mobile advertising solutions and build a full-stack solution by bringing Nexage’s programmatic solutions in house, creating the largest independent mobile advertising platform.