Verizon’s AOL Shops For Some Virtual Reality

April 20th, 2016 by · Leave a Comment

It is looking as if Verizon has big plans for AOL and its content division generally.  Even while the company is said to be actively bidding for Yahoo, they went out today and made another deal in a rather different direction.  AOL has agreed to acquire RYOT Corp.

RYOT specializes in virtual reality and 3D video as applied to covering the news, and has worked with AOL's Huffington Post on a VR film looking at the Greek refugee crisis. Apparently that went quite well, as RYOT and its 25 staff will become a new division under AOL's Huffington Post, all under Verizon's umbrella of course.

So, you put together Verizon Wireless and FIOS, AOL, RYOT, and potentially Yahoo, and what do you get?  No seriously, what do you get?  Recognizing the pieces is easy but the full picture I'm not quite sure about yet, except that I suspect Verizon has more M&A in mind as it assembles the pieces of whatever this puzzle turns out to be.

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Categories: ILECs, PTTs · Mergers and Acquisitions · Video

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