web analytics
infinix banner

Exclusive: AOL buys YugaTech

Ok, I didn’t really want to write it this early but I thought it’s better this comes out straight from me first — we’ve just been acquired by AOL.


Here’s part of the press release given by AOL PR.

AOL TO ACQUIRE YUGATECH NETWORK OF SITES

Leading Authority on Tech News Will Expand AOL’s Growing Offering of World-Class, Audience-Relevant Content

San Francisco, CA, April 1, 2011 – AOL Inc. [NYSE: AOL] today announced that it has agreed to acquire YugaTech Networks., the company that owns and operates YugaTech.com and its network of websites dedicated to technology news, information and analysis. AOL holds 51% share of YugaTech Networks which operates several websites and events such as YugaTech, YugaDeals, PinoyTechBlog, SEMCON, etc.

YugaTech and its associated properties and conferences will join the AOL Technology Network while retaining their editorial independence, further bolstering AOL’s position as one of the world’s leading providers of high-quality, tech-oriented content.

The acquisition is a first in the Philippines for AOL but is aligned with several other acquisition of other leading sites in Singapore, Hong Kong, Malaysia and Indonesia. The group of sites will be placed under the AOL Asia network.

Can’t share anything else as of this moment but don’t ask how much AOL offered me since I’m not allowed to say that. Announcements regarding sale of other tech sites in South East Asia will be announced in due time.

Will post and share my personal thoughts about this move on my personal blog or on FB.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 1,084 other subscribers
Avatar for Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

90 Responses

  1. Avatar for Alwin Alwin says:

    Was too late to read this post, but I had second thoughts. Good thing I checked the date of posting :)

  2. Avatar for simster simster says:

    if i didnt read the comments, i thought this was for real! already texted my geek friends about it! – just read this april9.

  3. Avatar for technobaboy technobaboy says:

    wala pa bang confirmation from yuga if this is just an april fool’s joke? baka mamaya totoo pala to. paging yuga! please advise if this is true or not :)

  4. Avatar for Chris Chris says:

    yugadget.com

  5. Avatar for Louie Sison Louie Sison says:

    Galing naman… sayang, ngayon ko lang to nabasa :)

  6. Avatar for JeffZ JeffZ says:

    Congrats Sir Abe!..

  7. Avatar for epsr82 epsr82 says:

    nice one
    akala ko pa man din 1st in the philippines :)

  8. Avatar for StarMars StarMars says:

    Haha, nice one Kuya Abe. Ngayon ko lang nakita to.

  9. Avatar for Esay Esay says:

    Congrats, Abe!
    Galing galing!

  10. Avatar for Ethan Tremblay Ethan Tremblay says:

    hahahaha at first I really thought it was true, then I just felt sad about it but I keep on thinking why would AOL buy Yugatech??? hahahaha nice one yuga

  11. Avatar for rye rye says:

    nice abe! hahaha i bought it.

  12. Avatar for Yugadeath Yugadeath says:

    April Fools and besides as if AOL will acquire Yugatech, this site doesn’t meet the AOL’s quality.

  13. Avatar for heckiboi heckiboi says:

    just like april fools

    na fool din ako ng GMAIL motion :)


    tech and personal blog site:
    www.hectorlegaspi.com

    Latest postings:
    PS3 Slim and Nintendo 3DS Prices at Data Blitz
    GMAIL Motion Beta – Fun!
    Official Flyer: Samsung Galaxy Mini
    Official Flyer: Samsung Galaxy Ace
    Globe Customizable G-Cash Card
    Globe Tattoo Sticks Buy 3 Get 1 Free
    Affordable SUN Xpress Load Retailer Business
    SUN Tel Plan 350 with Unlimited NDD
    SUN Double Unlimited Plus
    Samsung Galaxy Phones 17-Day Super Sale

    Thanks!

  14. Avatar for Jonaflormicfren Jonaflormicfren says:

    It’s an indication that this network grows and it is a part of transformation. http://learner-spot.blogspot.com/

  15. Avatar for csseyah csseyah says:

    hehehehhe nice one! Good ah!

  16. Avatar for Ulysses Gaygay Ulysses Gaygay says:

    hala.. naniwala naman ako..:)) ahaha

  17. Avatar for leo leo says:

    hahahah!!! nice one…

  18. Avatar for Gumz Gumz says:

    what the!!! hahahaha!!!

  19. Avatar for Solidad Solidad says:

    Yuga should have made a better convicing post. :)

  20. Avatar for Yugyuga Yugyuga says:

    In your dreams nyahahaha…

  21. Avatar for poche poche says:

    no offense pero oa naman yun april fools mo, walang kaeeffort effort lol. aol amp mano bang pldt na lang since local company lang yun.

    mabuti pa yun kay gmtristan.com may effort pati pics lol.

  22. Avatar for Lord Lord says:

    Happy April fools. Saw the same blog entry in Zen Habits.

  23. Avatar for nubietech nubietech says:

    nah…….

    nice to do april fools on the internet. missed that ahahahaahaha I would have done the same for my website. the subject: uploadingtips.com gone bankrupt for a 2 dollar hosting ahahahahaaha.
    nice one yuga!

    http://uploadingtips.com

  24. Avatar for ron ron says:

    lol naisahan ako dito ah. haha

  25. Avatar for Mj Mj says:

    Happy April Fool’s Day.. :p

  26. Avatar for daniel daniel says:

    as if…. hahaha PEACE!

  27. Avatar for ELLYREJ ELLYREJ says:

    seeing this post makes me realize that a year ago i started reading and following this wonderful blog… thanks sir abe

  28. Avatar for Carlo Angelo Carlo Angelo says:

    Good try Abe..But not good enough! Hahaha..

    Try harder. YuganGadget?! hahah.

    Happy April Fools’ Day! :)))

  29. Avatar for rene rene says:

    gothcha… blogs are personal… if you buy a blog your buying the writer… happy april fools day…

  30. Avatar for drealmarlon drealmarlon says:

    i read Yugatech Blogs because of your Filipino views,about acquiring?kaya naman kahit wala yang AOL na yan?

  31. Avatar for JunAlquis JunAlquis says:

    sellout.

  32. Avatar for Me Me says:

    April Fools!!!!!!

  33. Avatar for adam adam says:

    Cool. Lets see tomorrow if this is true.

  34. Avatar for mattscradle mattscradle says:

    April fools day :-). Anyway let’s wait for the next installment.

  35. Avatar for Buy Cheap Blogpost Buy Cheap Blogpost says:

    at first I thought it was true but when I saw my computer’s calendar and it’s April 1 I just laughed…

  36. Avatar for aol aol says:

    http://phandroid.com/2011/04/01/farewell-fellow-phandroids-my-last-post/

    AOL buys Phandroid.

    sus. hahahah same format.

  37. Avatar for Teknisyan Teknisyan says:

    hehe.. nice one!! :)

  38. Avatar for foo foo says:

    haha! astig!

  39. Avatar for Faust Faust says:

    WOW! I can’t believe this from happening! Oh, before I forget today is April 1, 2011, isn’t that April Fools Day? Cheers!

  40. Avatar for Red Red says:

    Wahh! Happy April’s Fools Abe! Share your Billions. hahah!

  41. Avatar for say say says:

    happy April fools day! :D

  42. Avatar for Andrew Andrew says:

    It’s been a tradition na sir yuga ahh for the april fools day blog posts. Nice one here indeed.

  43. Avatar for Nonoy Nonoy says:

    What do you think of Gmail Motion? hehehe

  44. Avatar for cheapyuga cheapyuga says:

    Ang cheap mo talaga boss yuga, no wonder your blog visits are going down, happy april’s fools

  45. Avatar for Maui Maui says:

    March 31 pa lang sa San Francisco hehehe (10:58 PM to be exact)

  46. Avatar for Name: Name: says:

    Fell for it hook, line and sinker. :( Now where do I dump all this Yugatech stock?

  47. Avatar for Spidey Spidey says:

    Buti di nasama digitalspidey.com hahaha!

  48. Avatar for Benchmark Benchmark says:

    Anak ng….akala ko totoo! Hahahahaha kainis!!!! HAHAHAHAHA

  49. Avatar for Calvin Calvin says:

    oi wag mo sama pinoy tech blog dyan, di ko pa ni-sisign yung contract. :P

  50. Avatar for phiLLip phiLLip says:

    haha! you got me there!

    but if it’s true, then you got us twice. double april fools’ day!

    but it really isn’t; you just want us to get confused because it’s april fools’ day.

    but you thought that we would think that you thought that we would think that you’re only kidding us. therefore it is really true

    *infinite loop* press ctrl+break to stop

  51. Avatar for NemOry NemOry says:

    Nice one joke sir Yuga..hehe

  52. Avatar for Edwin C Edwin C says:

    Hooo, yabang.

  53. Avatar for Messie Messie says:

    As a result of the said acquisition, yugatech can now only be accessed by subscribing to AOL as ISP or by using Dial-up.

    Regardless, the speed is about the same for both. :D

  54. Avatar for marhgil marhgil says:

    pumayag ka pala? ako kasi ay nagdecline sa offer sa akin. :)

  55. Avatar for technobaboy technobaboy says:

    hmmm… actually it is quite believable. then again, it’s april 1!

  56. Avatar for whaâ„¢ whaâ„¢ says:

    APRIL FOOLS DAY AGAIN SIR YUGA, last year a lappies. hahaha

  57. Avatar for JKisaragi JKisaragi says:

    April fools! XD

  58. Avatar for lol lol says:

    korni.. it will not happen on ordinary day..

  59. Avatar for mindyq mindyq says:

    looks some of your viewers aren’t as gullible as before…AOL este LOL

  60. Avatar for Ang-ang Ang-ang says:

    Really, Speechless. Today is April 1st, April fool’s day!

  61. Avatar for simplynice93 simplynice93 says:

    You got me there sir abe…lol! Happy April Fools Day! XD

  62. Avatar for arj arj says:

    April fools is past and gone, you’re the fool and I am none…

  63. Avatar for Dave Dave says:

    April fools ba to Abe? share ur blessings to your followers sana meron ka gadget giveaways hahaha!

  64. Avatar for Carlo Carlo says:

    Almost fell for it. Masyado akong uto-uto! Haha XD

  65. Avatar for name name says:

    Happy April Fools! I was expecting a YugaTab, or a YugaPhone :)) but, this is good enough :D

  66. Avatar for Jeric Jeric says:

    Too good to be true! Apple buys Microsoft Shares

  67. Avatar for deuts deuts says:

    masyado na atang obvious eh. inaabangan na ng lahat ng tao mga pranks during April Fool’s Day…hehe

  68. Avatar for Glenn Ong | GLICH Glenn Ong | GLICH'S says:

    Not a good one, Abe. Too obvious :-p

  69. Avatar for nameless nameless says:

    I almost believe you.. it’ll be awesome if it’s true…

  70. Avatar for mcometa mcometa says:

    This has got to be one of the coolest April Fool’s joke around! Hahaha! Nice one Yuga!

  71. Avatar for superoxy superoxy says:

    A – pril

    O – ne

    L – aughtrip

    =)

  72. Avatar for froilanG froilanG says:

    It’s April 1…very obvious.. ^-^

  73. Avatar for JC JC says:

    Nice one I remember last year! haha

  74. Avatar for ju ju says:

    weh…. too obvious… =)

  75. Avatar for noel noel says:

    nice :D :D

    buti the deal went through. Mine was still in the works. I didn’t want them to get 51% though. :D

  76. Avatar for April April says:

    April Fools!

  77. Avatar for Damaso Damaso says:

    Happy April Fools’ Day!

  78. Avatar for Slymedia24 Slymedia24 says:

    HAPPY APRIL FOOL’S DAY!!! ^_^ \m/

  79. Avatar for Damaso Damaso says:

    Happy April Fools Day!

  80. Avatar for Zoi C. Hernandez Zoi C. Hernandez says:

    Biggest tech acquisition since PLDT acquired Sun Cellular! NOT!!! Hahaha.

  81. Avatar for Zoi C. Hernandez Zoi C. Hernandez says:

    Biggest tech acquisition since PLDT acquired Sun Cellular!

  82. Avatar for Biggs Biggs says:

    Reminder: Today is April Fools Day!! ^^

  83. Avatar for aprilfool aprilfool'sday says:

    April 1, 2011 ;)

  84. Avatar for Andre Andre says:

    Should be LOL not AOL!

  85. Avatar for Jun Jun says:

    Hmmm.. is it real? :)

  86. Avatar for eyeneni eyeneni says:

    er, happy april fools?

Leave a Reply
JOIN OUR TELEGRAM DISCUSSION

Your email address will not be published. Required fields are marked *