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Verizon has acquired 22 organizations. Their most recent acquisition was Yahoo on June 13, 2017

Verizon is one of the world’s leading communication companies. The company has many subsidiaries and through them, it provides services, entertainment, information and communication products to the customers. The segments of Verizon include Wireline and Wireless. Wireline is for video, data and voice products and Wireless is for wireless data and voice equipment services. Verizon was founded in 1983 and was formerly known as Bell Atlantic Corporation. The exact founder of the company is unknown, however, the current CEO of Verizon is Lowell C. McAdam. It has 160,900 employees and has an annual revenue of $126 billion.

The headquarters of Verizon is located in Midtown Manhattan, New York City but Delaware is the place where it is incorporated. In 1996, Bell Atlantic decided to merge with NYNEX. This made it the second largest telecommunications company. After that, in 2000, Verizon made its first ever acquisition of company GTE for $64.7 billion. This acquisition was big because Verizon became largest local telephone operating company in the United States after that. The acquisition also gave the company 25 million mobile phone users, which added to the huge assets of the successful company.

Verizon’s next big acquisition was MCI in 2006 for $7.6 billion. This gave the company access to MCI’s international holdings and corporate clients, which led Verizon to penetrate the international markets.

In 2015, Verizon acquired AOL for $4.4 billion. It was one of the most brilliant Verizon acquisitions. With that, Verizon created a few digital platforms for partners, advertisers and consumers. Another successful deal was closed by the company for $4.83 billion, in which it acquired Yahoo’s operating business. Verizon now runs both AOL and Yahoo under a division called Oath.

In 2016, Verizon purchased Fleetmatics for $2.4 billion. The most recent acquisition by Verizon is the fiber-optics assets of WideOpenWest for $225 million.

You can check out all Verizon acquisitions here:

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Yahoo
Acquired by Verizon

on June 13, 2017
Search Engine
$4.4bn

LQD WiFi
Acquired by Verizon

on November 14, 2016
Internet
$3.1bn

Vessel
Acquired by Verizon

on October 26, 2016
Internet
Undisclosed

Sensity Systems
Acquired by Verizon

on September 12, 2016
Energy
Undisclosed

FleetMatics
Acquired by Verizon

on August 1, 2016
Software
$2.4bn

Telogis
Acquired by Verizon

on June 21, 2016
Software
Undisclosed

Complex
Acquired by Verizon

on April 18, 2016
Publishing
$250m

Volicon
Acquired by Verizon

on March 16, 2016
Digital Media
Undisclosed

AOL
Acquired by Verizon

on May 12, 2015
Digital Media
$4.4bn

UpLynk
Acquired by Verizon

on November 13, 2013
Software
Undisclosed

CloudSwitch
Acquired by Verizon

on August 25, 2011
Cloud Management
Undisclosed

Alltel
Acquired by Verizon

on June 5, 2008
Public Relations
$28.1bn

Inceptor, Inc.
Acquired by Verizon

on July 21, 2006
Search Engine
Undisclosed

MCI
Acquired by Verizon

on February 14, 2005
IT
$8.4bn

Verizon Avenue
Acquired by Verizon

on December 19, 2000
Internet
Undisclosed

GTE
Acquired by Verizon

on July 27, 1998
Telecommunications
Undisclosed

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