WordPress.com owner Automattic says it will buy Tumblr from Verizon, taking on ~200 staffers, and will keep the porn ban; source: it sold for "well below" $20M (Ursula Perano/Axios)

WordPress.com owner Automattic says it will buy Tumblr from Verizon, taking on ~200 staffers, and will keep the porn ban; source: it sold for "well below" $20M (Ursula Perano/Axios)


Ursula Perano / Axios:

WordPress.com owner Automattic says it will buy Tumblr from Verizon, taking on ~200 staffers, and will keep the porn ban; source: it sold for “well below” $20M  —  Verizon is set to sell the social network Tumblr to Automattic Inc, the owner of blog site and publishing tool WordPress, the Wall Street Journal reports.

WordPress.com owner Automattic says it will buy Tumblr from Verizon, taking on ~200 staffers, and will keep the porn ban; source: it sold for "well below" M (Ursula Perano/Axios)
Source: Tech Meme