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Utilities M&A image Utilities M&A » By The Online Investor Staff, updated Fri., Apr. 19, 2:22 AM Recent mergers and acquisitions in the Utilities M&A category.

Slide #63. Verizon Communications Inc. Intel Media Assets

Acquirer: Verizon Communications Inc. (VZ)
Acquiree: Intel Media Assets (INTC)
Details: Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Intel Corporation (Nasdaq: INTC) today announced an agreement for Verizon to purchase from Intel the assets of Intel Media, a business division dedicated to the development of Cloud TV products and services.

Verizon Communications is a holding company. Through its subsidiaries, Co. provides communications, technology, information and entertainment products and services to consumers, businesses and government entities. Co.'s Verizon Consumer Group segment's wireless and wireline products and services are available to its retail customers, as well as resellers that purchase wireless network access from it on a wholesale basis. Co.'s Verizon Business Group segment's wireless and wireline products and services are organized by the primary customer groups targeted by these offerings: Small and Medium Business, Global Enterprise, Public Sector and Other, and Wholesale.

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Verizon Communications is a holding company. Through its subsidiaries, Co. provides communications, technology, information and entertainment products and services to consumers, businesses and government entities. Co.'s Verizon Consumer Group segment's wireless and wireline products and services are available to its retail customers, as well as resellers that purchase wireless network access from it on a wholesale basis. Co.'s Verizon Business Group segment's wireless and wireline products and services are organized by the primary customer groups targeted by these offerings: Small and Medium Business, Global Enterprise, Public Sector and Other, and Wholesale.

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Company Name: 
Verizon Communications Inc
Stock buyback: 
VZ buyback
Website: 
www.verizon.com
Sector: 
Communications Services
Number of ETFs Holding VZ: 
130
Total Market Value Held by ETFs: 
$20.62B
Total Market Capitalization: 
$3.47B
% of Market Cap. Held by ETFs: 
594.81%
Company Name: 
Intel Corp
Website: 
www.intc.com
Sector: 
Semiconductors
Number of ETFs Holding INTC: 
147
Total Market Value Held by ETFs: 
$23.93B
Total Market Capitalization: 
$153.31B
% of Market Cap. Held by ETFs: 
15.61%
 

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