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Verizon sells Tumblr to WordPress owner Automattic

2019-08-13 07:24:00| Telecompaper Headlines

(Telecompaper) Verizon has agreed to sell the blogging website Tumblr to Automattic, the owner of online-publishing tool WordPress.com. A source familiar with the deal put the price-tag "well below" USD 20 million, while another source put it below USD 10 million, Axios reported separately. 

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Category:Telecommunications

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