Results 1 to 12 of 12

Thread: Verizon agrees to buy AOL for $4.4 billion (£2.8 billion)

  1. #1
    HEXUS.admin
    Join Date
    Apr 2005
    Posts
    28,230
    Thanks
    0
    Thanked
    1,845 times in 628 posts

    Verizon agrees to buy AOL for $4.4 billion (£2.8 billion)

    Gains 2.1 million dial-up subscribers and sites such as Engadget and TechCrunch.
    Read more.

  2. #2
    Anthropomorphic Personification shaithis's Avatar
    Join Date
    Apr 2004
    Location
    The Last Aerie
    Posts
    10,825
    Thanks
    645
    Thanked
    868 times in 733 posts
    • shaithis's system
      • Motherboard:
      • Asus P8Z77 WS
      • CPU:
      • i7 3770k @ 4.5GHz
      • Memory:
      • 32GB HyperX 1866
      • Storage:
      • Lots!
      • Graphics card(s):
      • Sapphire Fury X
      • PSU:
      • Corsair HX850
      • Case:
      • Corsair 600T (White)
      • Operating System:
      • Windows 10 x64
      • Monitor(s):
      • 2 x Dell 3007
      • Internet:
      • Zen 80Mb Fibre

    Re: Verizon agrees to buy AOL for $4.4 billion (£2.8 billion)

    Wow, AOHell are still going?...and getting sold for £2.8b......a feather just knocked me over.....
    Main PC: Asus Rampage IV Extreme / 3960X@4.5GHz / Antec H1200 Pro / 32GB DDR3-1866 Quad Channel / Sapphire Fury X / Areca 1680 / 850W EVGA SuperNOVA Gold 2 / Corsair 600T / 2x Dell 3007 / 4 x 250GB SSD + 2 x 80GB SSD / 4 x 1TB HDD (RAID 10) / Windows 10 Pro, Yosemite & Ubuntu
    HTPC: AsRock Z77 Pro 4 / 3770K@4.2GHz / 24GB / GTX 1080 / SST-LC20 / Antec TP-550 / Hisense 65k5510 4K TV / HTC Vive / 2 x 240GB SSD + 12TB HDD Space / Race Seat / Logitech G29 / Win 10 Pro
    HTPC2: Asus AM1I-A / 5150 / 4GB / Corsair Force 3 240GB / Silverstone SST-ML05B + ST30SF / Samsung UE60H6200 TV / Windows 10 Pro
    Spare/Loaner: Gigabyte EX58-UD5 / i950 / 12GB / HD7870 / Corsair 300R / Silverpower 700W modular
    NAS 1: HP N40L / 12GB ECC RAM / 2 x 3TB Arrays || NAS 2: Dell PowerEdge T110 II / 24GB ECC RAM / 2 x 3TB Hybrid arrays || Network:Buffalo WZR-1166DHP w/DD-WRT + HP ProCurve 1800-24G
    Laptop: Lenovo Flex 2 / 12GB RAM / 240GB Corsair Force 3 Printer: HP CP1515n || Phone: HTC One U11 || Other: Samsung Galaxy Tab 4 Pro 10.1 CM12.1 / Playstation 4 + G29 + 2TB Hybrid drive

  3. #3
    Senior Member
    Join Date
    Oct 2013
    Location
    Newcastle Upon Tyne
    Posts
    926
    Thanks
    54
    Thanked
    105 times in 72 posts
    • Jowsey's system
      • Motherboard:
      • Asrock H81M-ITX
      • CPU:
      • Intel Xeon E3-1230V3
      • Memory:
      • 8GB Corsair XMS3
      • Storage:
      • 256GB Crucial MX100 & 2TB Seagate Barracuda
      • Graphics card(s):
      • Asus GTX 770 DCUII 2GB
      • PSU:
      • EVGA SuperNova GS 550 watt
      • Case:
      • Phanteks Evolv ITX
      • Operating System:
      • Windows 7 64 bit
      • Internet:
      • Virgin Media 100Mb

    Re: Verizon agrees to buy AOL for $4.4 billion (£2.8 billion)

    Thank god. For some reason I immediately assumed Verizon were moving into the UK market and I clenched so hard.
    Steam - ReapedYou - Feel free to add me!!

  4. #4
    Token 'murican GuidoLS's Avatar
    Join Date
    Apr 2013
    Location
    North Carolina
    Posts
    806
    Thanks
    54
    Thanked
    110 times in 78 posts
    • GuidoLS's system
      • Motherboard:
      • Asus P5Q Pro
      • CPU:
      • C2Q 9550 stock
      • Memory:
      • 8gb Corsair
      • Storage:
      • 2x1tb Hitachi 7200's, WD Velociraptor 320gb primary
      • Graphics card(s):
      • nVidia 9800GT
      • PSU:
      • Corsair 750w
      • Case:
      • Antec 900
      • Operating System:
      • Win10/Slackware Linux dual box
      • Monitor(s):
      • Viewsonic 24" 1920x1080
      • Internet:
      • AT&T U-Verse 12mb

    Re: Verizon agrees to buy AOL for $4.4 billion (£2.8 billion)

    Still needs to be approved by the FCC and DoJ here in the US, and then the stockholders still need to be willing to sell.

    I know more than a few people that use AOL for an e-mail address (it's been free for years now), but I can't say I know anyone that still uses it for an ISP. Couldn't happen to a couple of nicer companies...
    Esse Quam Videri
    Out on the road today I saw a Black Flag Sticker on a Cadillac...


  5. #5
    Registered+
    Join Date
    Oct 2010
    Location
    Arizona
    Posts
    66
    Thanks
    0
    Thanked
    3 times in 3 posts
    • HavoCnMe's system
      • Motherboard:
      • EVGA 132-YW-E180-A1
      • CPU:
      • Q6600 @ 3.0GHz
      • Memory:
      • Corsair XMS3 DDR3 PC10666 8GB
      • Storage:
      • 3xWD320GB Raid0(OS) - Seagate 500GB (Backup and Downloads) - WD Cavi Blk 640GB (Media)
      • Graphics card(s):
      • EVGA Nvidia GeForce GTX 470
      • PSU:
      • Corsair CMPSU-750TX (750w)
      • Case:
      • Cooler Master RC-690
      • Operating System:
      • Windows 7 Ultimate x64
      • Monitor(s):
      • Dell SW2309 23"
      • Internet:
      • Cox Communications

    Re: Verizon agrees to buy AOL for $4.4 billion (£2.8 billion)

    I think AOL is LOLing all the way to the bank.

  6. #6
    mush-mushroom b0redom's Avatar
    Join Date
    Oct 2005
    Location
    Middlesex
    Posts
    3,275
    Thanks
    139
    Thanked
    327 times in 254 posts
    • b0redom's system
      • Motherboard:
      • Some iMac thingy
      • CPU:
      • 3.4Ghz Quad Core i7
      • Memory:
      • 24GB
      • Storage:
      • 3TB Fusion Drive
      • Graphics card(s):
      • nViidia GTX 680MX
      • PSU:
      • Some iMac thingy
      • Case:
      • Late 2012 pointlessly thin iMac enclosure
      • Operating System:
      • OSX 10.8 / Win 7 Pro
      • Monitor(s):
      • Dell 2713H
      • Internet:
      • Be+

    Re: Verizon agrees to buy AOL for $4.4 billion (£2.8 billion)

    Actually it was the other way around. AOL bought Time Warner for $164bn. I was working at AOL/Netscape then an nobody I was working with could quite believe it.

  7. #7
    Registered+
    Join Date
    Oct 2010
    Location
    Arizona
    Posts
    66
    Thanks
    0
    Thanked
    3 times in 3 posts
    • HavoCnMe's system
      • Motherboard:
      • EVGA 132-YW-E180-A1
      • CPU:
      • Q6600 @ 3.0GHz
      • Memory:
      • Corsair XMS3 DDR3 PC10666 8GB
      • Storage:
      • 3xWD320GB Raid0(OS) - Seagate 500GB (Backup and Downloads) - WD Cavi Blk 640GB (Media)
      • Graphics card(s):
      • EVGA Nvidia GeForce GTX 470
      • PSU:
      • Corsair CMPSU-750TX (750w)
      • Case:
      • Cooler Master RC-690
      • Operating System:
      • Windows 7 Ultimate x64
      • Monitor(s):
      • Dell SW2309 23"
      • Internet:
      • Cox Communications

    Re: Verizon agrees to buy AOL for $4.4 billion (£2.8 billion)

    Quote Originally Posted by b0redom View Post
    Actually it was the other way around. AOL bought Time Warner for $164bn.
    No it is the other way around. "the scale of decline of AOL's worth over the years - it was """"bought by Time Warner"""" in 2000 for $160 billion" So Time Warner got hosed on the deal not AOL.

    Quote Originally Posted by b0redom View Post
    I was working at AOL/Netscape then an nobody I was working with could quite believe it.
    I have no idea what that sentence is suppose to mean. Let me try to interpret it. You worked for AOL and nobody would believe it?

  8. #8
    mush-mushroom b0redom's Avatar
    Join Date
    Oct 2005
    Location
    Middlesex
    Posts
    3,275
    Thanks
    139
    Thanked
    327 times in 254 posts
    • b0redom's system
      • Motherboard:
      • Some iMac thingy
      • CPU:
      • 3.4Ghz Quad Core i7
      • Memory:
      • 24GB
      • Storage:
      • 3TB Fusion Drive
      • Graphics card(s):
      • nViidia GTX 680MX
      • PSU:
      • Some iMac thingy
      • Case:
      • Late 2012 pointlessly thin iMac enclosure
      • Operating System:
      • OSX 10.8 / Win 7 Pro
      • Monitor(s):
      • Dell 2713H
      • Internet:
      • Be+

    Re: Verizon agrees to buy AOL for $4.4 billion (£2.8 billion)

    Eh? Time Warner got hosed on the deal. The reason they got hosed on the deal was that AOL had an enormous market cap and managed to wangle a deal where they effectively bought Time Warner via a stock deal.

    I'm pretty sure you're being facetious, but to be clear, I was working at AOL/Netscape at the time the AOL/Time Warner merger happened, and no one could quite believe that AOL had come out as effectively the buyer, given that Time Warner was a huge multinational with oodles of intellectual property, and AOL was only an (albeit quite large) ISP.

  9. #9
    Senior Member
    Join Date
    Aug 2003
    Location
    Edinburgh
    Posts
    594
    Thanks
    4
    Thanked
    11 times in 10 posts

    Re: Verizon agrees to buy AOL for $4.4 billion (£2.8 billion)

    Quote Originally Posted by b0redom View Post
    Eh? Time Warner got hosed on the deal. The reason they got hosed on the deal was that AOL had an enormous market cap and managed to wangle a deal where they effectively bought Time Warner via a stock deal.

    I'm pretty sure you're being facetious, but to be clear, I was working at AOL/Netscape at the time the AOL/Time Warner merger happened, and no one could quite believe that AOL had come out as effectively the buyer, given that Time Warner was a huge multinational with oodles of intellectual property, and AOL was only an (albeit quite large) ISP.
    He wasn't being facetious, he's trying to reply to you're broken English which even I had an issue interpreting without his reply. Anyway moving on, AOL's value at the time of the Time Warner merger was valued (Incorrectly in many peoples view) as greater than Time Warner's as the merger saw AOL take on Times $17 billion in dept creating a combined $350 billion company which face palmed its way to one of the worst mergers ever.

  10. #10
    Registered+
    Join Date
    Jan 2008
    Location
    London
    Posts
    72
    Thanks
    0
    Thanked
    2 times in 2 posts

    Re: Verizon agrees to buy AOL for $4.4 billion (£2.8 billion)

    Quote Originally Posted by Jowsey View Post
    Thank god. For some reason I immediately assumed Verizon were moving into the UK market and I clenched so hard.
    They already are operating in the UK market, or they were several years ago as I had to deal with them.

  11. #11
    Token 'murican GuidoLS's Avatar
    Join Date
    Apr 2013
    Location
    North Carolina
    Posts
    806
    Thanks
    54
    Thanked
    110 times in 78 posts
    • GuidoLS's system
      • Motherboard:
      • Asus P5Q Pro
      • CPU:
      • C2Q 9550 stock
      • Memory:
      • 8gb Corsair
      • Storage:
      • 2x1tb Hitachi 7200's, WD Velociraptor 320gb primary
      • Graphics card(s):
      • nVidia 9800GT
      • PSU:
      • Corsair 750w
      • Case:
      • Antec 900
      • Operating System:
      • Win10/Slackware Linux dual box
      • Monitor(s):
      • Viewsonic 24" 1920x1080
      • Internet:
      • AT&T U-Verse 12mb

    Re: Verizon agrees to buy AOL for $4.4 billion (£2.8 billion)

    Quote Originally Posted by HavoCnMe View Post
    No it is the other way around. "the scale of decline of AOL's worth over the years - it was """"bought by Time Warner"""" in 2000 for $160 billion" So Time Warner got hosed on the deal not AOL.
    No, he is correct - technically, AOL bought Time Warner.

    http://abcnews.go.com/Business/Decad...ory?id=9279138

    It also opened the door to some other really bad (for the consumer) mega-mergers, but that is a topic for another day.
    Esse Quam Videri
    Out on the road today I saw a Black Flag Sticker on a Cadillac...


  12. #12
    mush-mushroom b0redom's Avatar
    Join Date
    Oct 2005
    Location
    Middlesex
    Posts
    3,275
    Thanks
    139
    Thanked
    327 times in 254 posts
    • b0redom's system
      • Motherboard:
      • Some iMac thingy
      • CPU:
      • 3.4Ghz Quad Core i7
      • Memory:
      • 24GB
      • Storage:
      • 3TB Fusion Drive
      • Graphics card(s):
      • nViidia GTX 680MX
      • PSU:
      • Some iMac thingy
      • Case:
      • Late 2012 pointlessly thin iMac enclosure
      • Operating System:
      • OSX 10.8 / Win 7 Pro
      • Monitor(s):
      • Dell 2713H
      • Internet:
      • Be+

    Re: Verizon agrees to buy AOL for $4.4 billion (£2.8 billion)

    Quote Originally Posted by HavoCnMe
    I have no idea what that sentence is suppose to mean. Let me try to interpret it. You worked for AOL and nobody would believe it?
    Quote Originally Posted by Defiant View Post
    He wasn't being facetious, he's trying to reply to you're broken English which even I had an issue interpreting without his reply.....
    Ah the irony. If you're going to quibble about me missing the 'd' from 'and' due to a typo, perhaps check your own house is in order first?

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •