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Tim Armstrong

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Top Tim Armstrong Articles see all

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  • Verizon/AOL deal means more opportunity, competition for Baltimore 'ad tech hub'

    Verizon/AOL deal means more opportunity, competition for Baltimore 'ad tech hub'
    A decade ago, a pair of Baltimore brothers turned technology placing ads within an Internet video game into a $435 million windfall in selling Advertising.com. Ten years later, the same Baltimore-based technology is central to a deal worth 10 times more.
  • How Tim Armstrong steered AOL back to the future

    How Tim Armstrong steered AOL back to the future
    In 2009, when Tim Armstrong took over as chief executive of AOL Inc., he faced a daunting task: Turn around a company that had gone from an Internet pioneer to near obsolescence in less than a decade. Six years later, Armstrong has not only revived AOL,...

    AOL's video a key lure for Verizon in $4.4-billion acquisition

    AOL's video a key lure for Verizon in $4.4-billion acquisition
    Nearly everybody, it seems, carries a smartphone. As a result, everything's going mobile. So why, then, would Verizon, already the nation's largest wireless carrier and a giant in mobile communications, want to pay $4.4 billion to buy an old-line...

    Verizon deal extends four-year surge in AOL's stock price

    Verizon deal extends four-year surge in AOL's stock price
    AOL Inc.'s stock price soared Tuesday in response to the merger agreement with Verizon Communications Inc., extending a four-year rally in AOL's shares. After the companies said Verizon would buy AOL for $50 a share, or $4.4 billion, AOL's stock...

    Verizon barges into online video, buying AOL for $4.4B

    Verizon barges into online video, buying AOL for $4.4B
    Verizon is buying AOL for about $4.4 billion, advancing the telecom's push in both mobile and advertising fields. The acquisition gives Verizon an entry into increasingly competitive online and mobile video. The New York company is the country's largest...