AOL, the folks who used to house Joystiq are set to be bought out by Verizon, a communications giant.
The amount of money exchanging hands is $4.4 billion, far less than some of the other splurges AOL has been on in the past.
More-than-likely, this buyout is so that Verizon can get hold of AOL’s advertising technologies.
The amount of money exchanging hands is $4.4 billion, far less than some of the other splurges AOL has been on in the past.
More-than-likely, this buyout is so that Verizon can get hold of AOL’s advertising technologies.
Bird Image Courtesy of Pixabay
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Author: Greywolfe
Source: Verizon Press Release |