To enhance its connected vehicle business, Verizon announces that it is acquiring Telogis, a leader in fleet and mobile resource management solutions that supports some of the world’s largest mobile workforces.
Mergers & Acquisitions
Verizon combines Yahoo’s internet assets with its AOL business to create Oath, a diverse house of more than 50 media and technology brands. Oath’s portfolio includes HuffPost, Yahoo Sports, AOL.com and more.
Verizon announces an agreement to purchase Sensity Systems Inc. to help drive the digital transformation of cities. It's another step in the development of ThingSpace, Verizon's Internet of Things platform.
Verizon’s ownership of XO Communications' fiber-based IP (internet protocol) and ethernet networks helps better serve enterprise and wholesale customers.
Verizon Digital Media Services acquires Volicon, a leading provider of video capture, archival, compliance monitoring and clip creation workflow for broadcasters.
Verizon buys AOL, a leader in digital content and advertising. The $4.4 billion deal furthers Verizon’s LTE wireless video and over-the-top (OTT) video strategy.
The MCI acquisition provides Verizon with an international long-distance network and several large corporate customers. A new corporate division, Verizon Business, is created to serve medium and large businesses and government customers.