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---
title: Verizon Completed AOL Acquisition
description: It&#x27;s official: Verizon completed its acquisition of AOL Tuesday in a $4.4 billion deal.
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article:published_time: 2015-06-23T13:55:01.000Z
article:modified_time: 2026-04-13T08:05:48.560Z
article:section: Business
og:title: Verizon Now Officially Owns AOL
og:description: The merger is now complete
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og:image:alt: 2012 International Consumer Electronics Show
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twitter:title: Verizon Now Officially Owns AOL
twitter:description: The merger is now complete
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![](https://static.time.com/v3/assets/bltea6093859af6183b/blted8c086f53738f34/698857e0524fc05901df33c9/gettyimages-136906341.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9)


# Verizon Now Officially Owns AOL

<!-- video src="https://cdn.jwplayer.com/manifests/DQbujPQY.m3u8" -->
## Video: TIME Explains: The Deep Web

[Watch (HLS stream): TIME Explains: The Deep Web](https://cdn.jwplayer.com/manifests/DQbujPQY.m3u8) (2:19)

![TIME Explains: The Deep Web](https://cdn.jwplayer.com/v2/media/DQbujPQY/poster.jpg?width=720)

_Published 2013-10-31. The FBI takedown of the online market Silk Road reveals the challenges of regulating the Deep Web. Here's what you need to know._


by 

[Clarie Groden / Fortune](/author/fortune/)


## Clarie Groden / Fortune


Jun 23, 2015 1:55 PM CUT

![2012 International Consumer Electronics Show](https://static.time.com/v3/assets/bltea6093859af6183b/blted8c086f53738f34/698857e0524fc05901df33c9/gettyimages-136906341.jpg?branch=production&width=3840&quality=75&auto=webp&crop=3:2)

The Verizon Communications Inc. logo is seen at the International Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Thursday, Jan. 12, 2012.

The Verizon Communications Inc. logo is seen at the International Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Thursday, Jan. 12, 2012.Bloomberg—Bloomberg via Getty Images

by 

[Clarie Groden / Fortune](/author/fortune/)


## Clarie Groden / Fortune


Jun 23, 2015 1:55 PM CUT

It’s official: Verizon [completed](http://www.verizon.com/about/news/verizon-completes-acquisition-aol "undefined") its acquisition of AOL Tuesday in a deal that raises yet-unanswered questions about the future of one of the country’s earliest Internet brands and of online media in general.

The $4.4 billion deal, which the companies announced in May, gives Verizon access to AOL’s digital ad technology as well as content brands like The Huffington Post as well as technology blogs Engadget and TechCrunch.

The merger sparked rumors about the future of the AOL-owned Huffington Post and whether the site’s founder, Arianna Huffington, had a place at Verizon. Huffington quelled the doubters last week when she [signed](http://www.bloomberg.com/news/articles/2015-06-18/arianna-huffington-signs-4-year-contract-after-verizon-aol-deal "undefined") a contract to remain president and editor-in-chief of the site for four more years. AOL CEO Tim Armstrong, also shows [no signs](http://techcrunch.com/2015/06/23/verizon-completes-its-acquisition-of-aol-for-4-4b/ "undefined") of an exit — he will continue to run AOL from within the Verizon chain of command.

Speculation that Verizon might try to sell off the Huffington Post also appears to be unfounded for now.

Verizon and AOL are holding a conference call at 10 a.m. ET Tuesday; we’ll learn more details about both companies’ futures then.

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