Verizon Media Announces Sale of Tumblr to Automattic
August 12, 2019
August 12, 2019
NEW YORK, Aug. 12 -- Verizon, a communications and technology solutions company, issued the following news release:
Verizon Media and Automattic, the parent company of WordPress.com, today announced that they have entered into a definitive agreement under which Automattic plans to acquire Tumblr.
Terms of the deal were not disclosed.
"Tumblr is one of the Web's most iconic brands," said Automattic CEO Matt Mullenweg. "It is an essential venu . . .
Verizon Media and Automattic, the parent company of WordPress.com, today announced that they have entered into a definitive agreement under which Automattic plans to acquire Tumblr.
Terms of the deal were not disclosed.
"Tumblr is one of the Web's most iconic brands," said Automattic CEO Matt Mullenweg. "It is an essential venu . . .