AOL Acquires Ashe Avenue

AOL Inc. (NYSE: AOL) acquired Ashe Avenue, a Brooklyn, N.Y.-based web development company.

The amount of the deal was not disclosed.

Led by John McKinney, Ashe Avenue is a performance-driven web development and design group  which partners with media companies, advertising agencies, event driven organizations and global brands working for global brands like Asics, Samsung, Lexus, Shutterstock, Mountain Dew etc., to transform creative concepts into web-based experiences.

Following the acquisition, the team will be responsible for the innovation and engineering powering AOL’s lifestyle verticals, including

The company, which also has offices in Chapel Hill, N.C. , has never raised vc funding.




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