article thumbnail

AOL Acquired By Verizon For $4.4 Billion

socalTECH

AOL --which has been one of the most active acquirers of Southern California technology startups in recent years--has been acquired itself, by Verizon , AOL and Verizon announced this morning. According to Verizon, it will pay $50 per share for AOL, in a deal worth approximately $4.4 READ MORE>>.

Userplane 100
article thumbnail

Interview with Jerome Chang, BlankSpaces

socalTECH

One of the recent trends in the technology industry here in Los Angeles is the use of "coworking" spaces--flexible workspaces where companies can rent open office space. It seems like there are quite a number of high tech clients using your space? Mike's latest claim to fame was selling Userplane to AOL.

Startup 100