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May 12, 2015 07:25 am -04

Verizon is buying AOL for $4.4 billion

AOL, Engadget's parent company, has just been acquired by Verizon for $4.4 billion, or around $50 a share. The carrier believes that a tie-in between the two businesses will boost Big Red's online video and content strategy. AOL itself, far from just...

Original Link: http://www.engadget.com/2015/05/12/verizon-buys-aol/?ncid=rss_truncated

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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