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WordPress owner Automattic to acquire Tumblr for ‘nominal amount’

[2019-08-12 20:22:43]

Verizon announced today that it has sold blogging platform Tumblr to Automattic, the company behind WordPress. The Wall Street Journal says the transaction is valued at a “nominal amount,” despite Tumblr having once been sold acquired by Yahoo for $1.1 billion. The post WordPress owner Automattic to acquire Tumblr for ‘nominal amount’ appeared first on 9to5Mac.

WordPress owner Automattic to acquire Tumblr for ‘nominal amount’

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