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Verizon buys AOL for $4.4 billion

2015-05-12 14:44:50| Telecom - Topix.net

The deal is part of Verizon's new focus on digital and video platforms, as well as its connected device network, which it calls "Internet of Things," the telecommunications company said. "This acquisition supports our strategy to provide a cross-screen connection for consumers, creators and advertisers to deliver that premium customer experience," said Verizon CEO Lowell McAdam.

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