Tuesday, May 12, 2015

Verizon is buying AOL for $4.4 billion

new york city april 19 ...

AOL, Engadget's parent company, has just been acquired by Verizon for $4.4 billion, or around $50 a share. The carrier believes that a tie-in between the two businesses will boost Big Red's online video and advertising strategy. AOL itself, far from being the name on all those old dial-up internet CDs, is also a big player in the online ad business, and has developed several behind-the-scenes products for marketers.

Developing...

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Source: Verizon

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