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Verizon considers bid for AOL - report
2015-01-06 09:37:00| Telecompaper Headlines
(Telecompaper) Verizon has approached AOL about a potential acquisition or joint venture with the internet company to expand its mobile-video offerings, people with knowledge of the matter told Bloomberg. Verizon hasn't made a formal proposal to AOL, and no agreement is imminent, the report said. Verizon's primarily interested in AOL's technology for automated buying and selling of ads online, which two people said could be paired with a future online-video product. Verizon is developing a mobile-video service based on the OnCue technology acquired from Intel last year. With a takeover it would also gain internet properties including The Huffington Post and Endgadget and around 2.3 million internet subscribers. AOL has a market capitalisation of around USD 3.5 billion. Both companies declined to comment on the report.
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AOL shares jump on Verizon speculation
2015-01-06 05:21:52| IT Services - Topix.net
AOL shares jumped on a reportthat Verizon Communications has approached the New York Internet company about an acquisition or joint venture. AOL shares jump on Verizon speculation AOL shares jumped on a reportthat Verizon Communications has approached the New York Internet company about an acquisition or joint venture.
Verizon approaches AOL on potential deal: Bloomberg
2015-01-06 03:12:00| IT Services - Topix.net
Verizon Communications Inc approached AOL Inc about a potential acquisition or joint venture to expand its mobile-video offerings, Bloomberg reported, citing people with knowledge of the matter. Verizon has not made a formal proposal to AOL, and no agreement is imminent, Bloomberg said, citing people who asked not to be named.
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Verizon said to be weighing AOL acquisition or joint venture
2015-01-06 03:11:59| IT Services - Topix.net
AOL CEO Tim Armstrong has reportedly been approached by Verizon Communications about either selling to the telecom giant or do a joint venture with it, Bloomberg reported. But Bloomberg said that Verizon is interested in AOL's advertising technology, online content and mobile video, and has talked to several of AOL's peers about how to been up what it does in those areas.
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Verizon said to be kicking the tires on AOL acquisition
2015-01-06 03:11:58| IT Services - Topix.net
Verizon Communications is exploring the possibility of acquiring or forming a joint venture with AOL to expand its mobile-video offerings, Bloomberg reported Monday. No formal proposal has been made and no deal is imminent, according to Bloomberg's unidentified sources.
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