Verizon is shopping for AOL for $four.four billion

Verizon is buying AOL for $4.4 billion

AOL, Engadget’s father or mother firm, has simply been acquired by Verizon for $four.four billion, or round $50 a share. The service believes that a tie-in between the 2 companies will increase Huge Purple’s on-line video and promoting technique. AOL itself, removed from being the identify on all these previous dial-up web CDs, can also be an enormous participant within the on-line advert enterprise, and has developed a number of behind-the-scenes merchandise for entrepreneurs.

Creating…

Supply: Verizon

Tags: AOL, Enterprise, Buy, verizon

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