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Oath logo, 2017–2019. Two months before closing the deal for Yahoo!, Verizon announced it would place Yahoo! and AOL under an umbrella named Oath. The deal closed on June 13, 2017, and Oath was launched. Upon completion of the deal, Yahoo! CEO Marissa Mayer resigned.
1 set 2021 · Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as Verizon Media Group, itself formerly known as Oath) from...
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By Michelle Fitzsimmons
published 3 April 2017
But the Yahoo brand will live on
New information has emerged as to what's next for Yahoo, the once-great web giant, after its acquisition by Verizon closes once and for all.
Yahoo will be brought under a new company called Oath along with AOL and other brands. Business Insider first reported the Oath name, and it was later confirmed by AOL boss Tim Armstrong.
The Verizon/Yahoo deal could close as early as the end of April, with Oath's launch slated for the summer.
Yahoo's acquisition as been anything but smooth, thanks largely to two massive data breaches that came to light late last year and called the whole deal into question. While those incidents devalued Yahoo, Verizon hasn't jumped ship yet.
Whether the world takes to Oath is another matter. While the aforementioned brands will live on under Oath's umbrella, the Twittersphere wasted no time jumping in with opinions on the name.
Oath. Millions upon millions upon millions of dollars, and you come up with Oath. Oath. pic.twitter.com/4ni5i1svnnApril 3, 2017
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Oath is the name of the evil tech company in the sci-fi story you wrote in 7th gradeApril 3, 2017
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13 giu 2017 · Tim Armstrong, former CEO of AOL, is now CEO of Oath, which is part of Verizon’s Media and Telematics organization. He has been leading integration planning teams since the Yahoo transaction was announced in July 2016, and Oath begins operation today as a global leader in digital and mobile.
2 set 2021 · Yahoo is Yahoo once more after new owners complete acquisition. / Say goodbye to Verizon Media. By Jon Porter, a reporter with five years of experience covering consumer tech releases, EU tech...
- Jon Porter
3 apr 2017 · After the telecom officially swallows up Yahoo, it will be placed under a new media division called Oath. Business Insider first reported the news Monday. AOL, which Verizon already owns, will...
13 giu 2017 · Addio a Yahoo!. Verizon ha completato l’acquisizione delle attività operative per 4,48 miliardi di dollari. La combinazione degli asste con Aol creerà una nuova controllata: Oath con oltre 50...
