Apple will close its recently acquired Quattro mobile ad network on September 30, in order to focus entirely on iAds; meanwhile, Research In Motion (RIM) is understood to be attemtping to purchase its own ad network.
According to The Wall Street Journal, RIM is in talks with Millennial Media about a potential acquisition, but talk has been restrained by Millennial’s asking price of between $400 million and $500 million.
“We believe iAd is the best mobile ad network in the world, and starting next month we
FTC: We use income earning auto affiliate links. More.