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Verizon to acquire AOL in $4.4 billion deal

2015-05-12 15:01:52| IT Services - Topix.net

Telecoms giant Verizon said Tuesday it will acquire digital conglomerate AOL in a deal valued at approximately $4.4 billion Verizon to acquire AOL in $4.4 billion deal Telecoms giant Verizon said Tuesday it will acquire digital conglomerate AOL in a deal valued at approximately $4.4 billion Check out this story on USATODAY.com: http://usat.ly/1Hev2Mn Telecoms giant Verizon said Tuesday it will acquire digital conglomerate AOL in a deal valued at approximately $4.4 billion. Verizon says the deal is aimed at boosting its strength in mobile platforms and advertising.

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Verizon buying AOL for $4.4 billion

2015-05-12 14:44:51| Telecom - Topix.net

Verizon is buying AOL for about $4.4 billion, advancing the telecom's push in both mobile and advertising fields. The acquisition gives Verizon an entryway into the increasingly competitive online video space.

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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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Verizon buys AOL for $4.4 billion

2015-05-12 14:01:59| IT Services - 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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Verizon Communications buying AOL for $4.4 billion in a push into busy online video market

2015-05-12 14:01:58| IT Services - Topix.net

Verizon is buying AOL for about $4.4 billion in a friendly deal that advances the telecom's push in both mobile and advertising fields. A Verizon spokesman says the AOL business will continue to be under the leadership of its chairman and chief executive, Tim Armstrong, and no major changes to the operations are anticipated.

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