Who Owns Aol In 2024. Two pioneering web services of the internet age, yahoo and aol, have been sold again after the latest owner failed to revive their fortunes. Apollo acquired yahoo and aol collectively from verizon for $5 billion, a sum smaller than the combined annual revenues of both companies at the time.
Verizon communications will create a new company called oath after it completes its $4.5 billion acquisition of yahoo and melds the troubled internet company with its aol. Verizon will sell verizon media, which consists of the pioneering tech platforms, to.