It’s not often you hear about a shotgun wedding between two tech companies, but that’s apparently what happened for Verizon and AOL, as the recently betrothed said today that they had officially completed a $4.4 billion acquisition proposed just a month ago. [More]
Better Luck This Time?
Verizon Buys AOL For $4.4 Billion To Create Video Content, Ad-Sharing Mega-Company
By 5.12.15
Old tech and new tech are coming together in a massive $4.4 billion deal, with mobile service powerhouse Verizon Communications buying the brand of the ’90s AOL — a deal that gives the country’s largest mobile phone operator a stronger foothold in the race to create ad-content that targets customers as they move from desktops to mobile devices. [More]
