AOL Buys Local Aggregator Outside.In

AOL has purchased Outside.In, one of many startups that’s tried to figure out how to make local and “hyper-local” news work. The New York-based startup didn’t seem to crack the code either, but at least you can see why AOL might be interested in its team or technology, given Tim Armstrong’s focus on local with his Patch program. Business Insider first reported the transaction.