Verizon to sell Tumblr to WordPress owner

By on
Verizon to sell Tumblr to WordPress owner

Site's value lives up to name.

Verizon Communications Inc said on Monday it would sell its blogging website Tumblr to Automattic Inc, the owner of popular online-publishing tool WordPress. The company did not disclose the terms of the deal, however, US news site Axios has reported the social media site may have sold for less ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
automattic media social media strategy tumlbr verizon wordpress

Most Read Articles

Telstra to have Australian agents answer all inbound calls from 2022

Telstra to have Australian agents answer all inbound calls from 2022
Critical F5 BIG-IP vulnerability made public

Critical F5 BIG-IP vulnerability made public
CBA hit by nine-hour online banking, payments outage

CBA hit by nine-hour online banking, payments outage
Govt ponders new sovereignty rules for datasets

Govt ponders new sovereignty rules for datasets
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Get IT, finance and business on the same page
Get IT, finance and business on the same page
Why is DevSecOps important to your business?
Why is DevSecOps important to your business?
Architecting Hybrid IT & Edge for Digital Advantage
Architecting Hybrid IT & Edge for Digital Advantage
Organizations Increasing Their Adoption of NFV
Organizations Increasing Their Adoption of NFV
Modernise IT by Reducing Your Reliance on AD
Modernise IT by Reducing Your Reliance on AD

Events

Log In

Username / Email:
Password:
  |  Forgot your password?