Paul Palmieri, co-founder of Millennial Media, was yesterday named the Ernst & Young Entrepreneur of the Year in technology for Maryland in 2010.
Palmieri is the CEO of Millennial Media, which is based in Canton in Baltimore.
The firm is one of the largest, independent mobile advertising networks, focusing on selling ads for mobile devices. He and co-founder Chris Brandenburg started the company in 2006, launching a business that would take advantage of early, steady growth in mobile advertising.
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The company has seen two of its main competitors recently got bought out -- for hundreds of millions of dollars each -- by Google and Apple.