Yesterday, the headlines surfaced online about Automattic buying Tumblr. According to Automattic CEO Matt Mullenweg, the acquisition is the priciest in Automattic… Official PiercingMetal Ken Pierce Media Tumblr: http://www.kenpiercemedia.tumblr.com, Your email address will not be published. Community of developers and network security specialists invited to convene on October 1st 2019 at Verizon Media’s Sunnyvale campus. As you … Continue reading Automattic Acquires Tumblr From Verizon → TNW uses cookies to personalize content and ads to I discussed that happening HERE if you have some interest in the research. The Tumblr native app was always great in my opinion. From a branding standpoint, it makes a ton of sense because a lot of my friends know of WordPress, but few know what it actually is. We have big news to share today: @tumblr is joining Automattic, and we couldn't be more thrilled. And it also runs the platform that provides a great hand to both individuals and enterprises. The one that was the Snapchat equivalent of GenXers like myself? On Monday, in perhaps the latest mark of its decline, the site was reportedly bought for just $3 million. Per Wikipedia you have around 900 employees and have been in business for almost 15 years. According to Sensor Tower, first-time users for Tumblr’s mobile app declined 33% year-over-year last quarter. Till then, keep watching this space for more updates! Julia Roberts Divorce Rumors: Husband Jealous Of Her Working With Dylan McDermott? As part of the deal, the company will take on 200 Tumblr staffers. Quarters, The Galaxy Book S might be the Samsung laptop I've been waiting for, PUBG will return to India with a new game…PUBG Mobile India. Back in 2013, I reflected on how friendly the relationship has always been between WordPress.com and Tumblr, and on the exciting future I saw for web-publishing platforms like ours. Microblogging site Tumblr is being sold to WordPress owner Automattic for an undisclosed sum – although a source puts the sale price at around $3 million. The creator of WordPress took to Twitter to announce their deal. Start! Every once in a while, we need to shine the spotlight on some industry news and this is especially the case if it affects some of the tools that we employ here on “The Chronicles” and of course on PiercingMetal.com – Recently, the folks at Automattic announced their purchase of the Tumblr medium. Here's @photomatt's announcement (on his very own Tumblr site! Find out at The Global Boardroom →, Matt Mullenweg, the acquisition is the priciest in Automattic‘s history, and the company’s also taking on 200 Tumblr staff members. “Tumblr is one of the Web’s most iconic brands,” Automattic CEO Matt Mullenweg said of the news. The Wall Street Journal reports Automattic bought Tumblr for an undisclosed amount. Automattic could have also bought a gorgeous four-bedroom home in Corona Heights which costs $2,785,000. New York – Verizon Media and Automattic, the parent company of WordPress.com, today announced that they have entered into a definitive agreement under which Automattic plans to acquire Tumblr. We believe in making the web a better place. All Rights Reserved. But what’s more surprising is the price at which WordPress has bought the site. Automattic just bought Tumblr from Verizon for reportedly 3 million dollars. Once the hottest game in town, the intervening half-decade has been tough on Tumblr, as sites like Facebook, Instagram, Reddit and the like have since left the platform in the dust. Yesterday, the headlines surfaced online about Automattic buying Tumblr. Axios is reporting that the asking price for the platform is “well below $20 million,” a fraction of a fraction of its 2013 price tag. Official Website: http://www.tumblr.com We are proud of what the team has accomplished and are happy to have found the perfect partner in Automattic, whose expertise and track record will unlock new and exciting possibilities for Tumblr and its users.”.

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