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15-08-2019, 11:50 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Verizon has agreed to sell Tumblr to WordPress owner Automattic Inc. for an undisclosed amount, The Wall Street Journal reports.
Verizon, which first acquired Tumblr in 2017 after it purchased Yahoo, started to explore a sale earlier this year. Automattic reportedly bought Tumblr for less than $3 million, according to Axios, a stunning drop in value from the $1.1 billion Yahoo paid for it in 2013.
“Tumblr is a marquee brand that has started movements, allowed for true identities to...
Verizon is selling Tumblr to WordPress’ owner! (https://www.sammyboy.com/threads/verizon-is-selling-tumblr-to-wordpress%E2%80%99-owner.272318/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/verizon-is-selling-tumblr-to-wordpress%E2%80%99-owner.272318/).
Verizon has agreed to sell Tumblr to WordPress owner Automattic Inc. for an undisclosed amount, The Wall Street Journal reports.
Verizon, which first acquired Tumblr in 2017 after it purchased Yahoo, started to explore a sale earlier this year. Automattic reportedly bought Tumblr for less than $3 million, according to Axios, a stunning drop in value from the $1.1 billion Yahoo paid for it in 2013.
“Tumblr is a marquee brand that has started movements, allowed for true identities to...
Verizon is selling Tumblr to WordPress’ owner! (https://www.sammyboy.com/threads/verizon-is-selling-tumblr-to-wordpress%E2%80%99-owner.272318/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/verizon-is-selling-tumblr-to-wordpress%E2%80%99-owner.272318/).