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 â€“ 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.

React to this article:

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.

https://www.yugatech.com

179 Comments

eyeneni says:

15 years ago

🌱 Noobs🏆1

er, happy april fools?
- Reply
Jun says:

15 years ago

🥉 Bronze🏆1

Hmmm.. is it real? :)
- Reply
Andre says:

15 years ago

🌱 Noobs🏆1

Should be LOL not AOL!
- Reply
aprilfool'sday says:

15 years ago

🥉 Rookie🏆1

April 1, 2011 ;)
- Reply
Biggs says:

15 years ago

🥉 Rookie🏆1

Reminder: Today is April Fools Day!! ^^
- Reply
Zoi C. Hernandez says:

15 years ago

🥈 Silver🏆1

Biggest tech acquisition since PLDT acquired Sun Cellular!
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globe says:

15 years ago

🌱 Noobs🏆1

indeed!

Zoi C. Hernandez says:

15 years ago

🥈 Silver🏆1

Biggest tech acquisition since PLDT acquired Sun Cellular! NOT!!! Hahaha.
- Reply
Damaso says:

15 years ago

🌱 Noobs🏆1

Happy April Fools Day!
- Reply
Slymedia24 says:

15 years ago

🥉 Rookie🏆1

HAPPY APRIL FOOL’S DAY!!! ^_^ \m/
- Reply
Damaso says:

15 years ago

🌱 Noobs🏆1

Happy April Fools’ Day!
- Reply
April says:

15 years ago

🌱 Noobs🏆1

April Fools!
- Reply
noel says:

15 years ago

🌱 Noobs🏆1

nice :D :D

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

15 years ago

🌱 Noobs🏆1

weh…. too obvious… =)
- Reply
JC says:

15 years ago

🌱 Noobs🏆1

Nice one I remember last year! haha
- Reply
froilanG says:

15 years ago

🥉 Bronze🏆1

It’s April 1…very obvious.. ^-^
- Reply
superoxy says:

15 years ago

🌱 Noobs🏆1

A – pril

O – ne

L – aughtrip

=)
- Reply
mcometa says:

15 years ago

🌱 Noobs🏆1

This has got to be one of the coolest April Fool’s joke around! Hahaha! Nice one Yuga!
- Reply
nameless says:

15 years ago

🥉 Bronze🏆1

I almost believe you.. it’ll be awesome if it’s true…
- Reply
Glenn Ong | GLICH'S says:

15 years ago

🌱 Noobs🏆1

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

15 years ago

🥈 Silver🏆1

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

15 years ago

🌱 Noobs🏆1

Too good to be true! Apple buys Microsoft Shares
- Reply
name says:

15 years ago

🥉 Bronze🏆1

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

15 years ago

🥇 Gold🏆1

Almost fell for it. Masyado akong uto-uto! Haha XD
- Reply
Dave says:

15 years ago

🌱 Noobs🏆1

April fools ba to Abe? share ur blessings to your followers sana meron ka gadget giveaways hahaha!
- Reply
arj says:

15 years ago

💎 Platinum🏆1

April fools is past and gone, you’re the fool and I am none…
- Reply
simplynice93 says:

15 years ago

🥉 Bronze🏆1

You got me there sir abe…lol! Happy April Fools Day! XD
- Reply
Ang-ang says:

15 years ago

🌱 Noobs🏆1

Really, Speechless. Today is April 1st, April fool’s day!
- Reply
mindyq says:

15 years ago

🥉 Rookie🏆1

looks some of your viewers aren’t as gullible as before…AOL este LOL
- Reply
lol says:

15 years ago

🌱 Noobs🏆1

korni.. it will not happen on ordinary day..
- Reply
JKisaragi says:

15 years ago

🥉 Rookie🏆1

April fools! XD
- Reply
whaâ„¢ says:

15 years ago

🥉 Bronze🏆1

APRIL FOOLS DAY AGAIN SIR YUGA, last year a lappies. hahaha
- Reply
technobaboy says:

15 years ago

🥈 Silver🏆1

hmmm… actually it is quite believable. then again, it’s april 1!
- Reply
marhgil says:

15 years ago

🥉 Rookie🏆1

pumayag ka pala? ako kasi ay nagdecline sa offer sa akin. :)
- Reply
Messie says:

15 years ago

🥉 Rookie🏆1

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
- Reply
Edwin C says:

15 years ago

🥇 Gold🏆1

Hooo, yabang.
- Reply
NemOry says:

15 years ago

🥉 Bronze🏆2

Nice one joke sir Yuga..hehe
- Reply
phiLLip says:

15 years ago

🌱 Noobs🏆1

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
- Reply
Calvin says:

15 years ago

🥈 Silver🏆1

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

15 years ago

💠 Supremacy🏆1

Anak ng….akala ko totoo! Hahahahaha kainis!!!! HAHAHAHAHA
- Reply
Spidey says:

15 years ago

🌱 Noobs🏆1

Buti di nasama digitalspidey.com hahaha!
- Reply
Name: says:

15 years ago

🌱 Noobs🏆1

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

15 years ago

🌱 Noobs🏆1

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

15 years ago

🌱 Noobs🏆1

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

15 years ago

🌱 Noobs🏆1

What do you think of Gmail Motion? hehehe
- Reply
Andrew says:

15 years ago

🌱 Noobs🏆1

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

15 years ago

🌱 Noobs🏆1

happy April fools day! :D
- Reply
Red says:

15 years ago

🌱 Noobs🏆1

Wahh! Happy April’s Fools Abe! Share your Billions. hahah!
- Reply
Faust says:

15 years ago

🏅 Newbie🏆4

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

15 years ago

🌱 Noobs🏆1

haha! astig!
- Reply
Teknisyan says:

15 years ago

🥈 Silver🏆1

hehe.. nice one!! :)
- Reply