Verizon to merge Yahoo and AOL into single company called Oath

Posted on: Monday 03 April 2017

Yahoo and AOL are to be merged by Verizon into a single organisation named Oath.

Share this

Yahoo and AOL are to be merged by Verizon into a single organisation named Oath.

The move comes after Verizon's multi-million pound takeover of Yahoo's internet business and would give the new company a consumer base exceeding a million across more than 20 brands.

The new name was announced by Tim Armstrong, chief executive of AOL, on his personal Twitter page, where he said: "Billion+ Consumers, 20+ Brands, Unstoppable Team. #TakeTheOath. Summer 2017."

Verizon announced that it was purchasing Yahoo's core internet properties in July last year, paying $4.83 billion in cash.

An AOL spokeswoman had hinted yesterday (April 3rd) that news on the combined venture was forthcoming, telling Business Insider UK that it would be launching "one of the most disruptive brand companies in digital" in summer this year.

Share this

Related content

Yahoo thanks native for large chunk of recent revenue growth

Nigel Clarkson, Yahoo UK’s MD and Country Commercial Director, was host at their IAB UK Digital Upfronts event at the Institute of Engineering and...

Learn more

Yahoo to be sponsored by General Mills

The two businesses have formed a livestreaming partnership.

Learn more

Looking to boost your skills?

Lasting two hours each, our virtual training modules have been designed to fit into your day while you work from home and provide you with the opportunity to learn new skills and keep your team up-to-date with latest best practice.