Verizon to Acquire AOL - Mobility TechZone

Date: 5/13/2015

Featured Articles » What ISDN Brought into the World, VoIP has Abused » Indonesia Still Slim When It Comes to Smartphone Use » The Secret to a Successful Mobile RFP » Stop Calling Me! Sponsored by: WebRTC - May 12–14, 2015 | JW Marriott Marquis Miami • Miami, Florida Top Stories » 'Free' Continues To Improve the Meeting Experience » MobileIron and Tangoe Collaborate on New EMM/MMS Solution to Sharpen Mobility Strategies » Mobile Revenue Dominates Gaming Space with Double-Digit Growth » Let's Face(book) the Reality that SIP is Not the Answer   From The Expert Corner May 12, 2015 Verizon to Acquire AOL  By Joe Rizzo MobilityTechzone Contributing Writer Verizon released a statement Tuesday in which it said the company will sign a deal to shore up its LTE wireless and over-the-top (OTT) video strategies. Verizon plans to do this by acquiring AOL. In addition, the agreement will also support and connect to Verizon’s Internet of Things (IoT) platforms. (For an updated opinion on this whole transaction, click HERE.) The deal is said to have an estimated value of about $4.4 billion. The breakdown goes like this: Verizon will pay $50 a share for AOL, which represents a 17 percent premium over the company’s closing share price of $42.59 on Monday night. The deal will be funded through short-term debt and cash on hand. Read More Featured Videos Mobile Integration into CRM System by Phonedeck Featured Resources » Monitoring the mobile business » Smart Mobile Apps Empower Business Executives on the Go » Enterprise-Grade Unified Communications Experience With Cloud-Delivered WAN Featured Channels » Mobile VoIP Resource Center » Mobile Apps » Mobile Security Advertise With Us   General advertising Info: Click here      Become a MobilityTechzone columnist! Interested in reaching Mobility Techzone's Global Wireless and Mobile Communications Audience of 70,000 Unique Visitors? Please contact Matthew Gleeson to learn how at mgleeson@tmcnet.com or 1 (203) 852-6800 x145.

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