Verizon will sell Tumblr to the owner of WordPress

The rumors of Verizon selling Tumblr turned out to have merit. Verizon (Engadget's parent company) is selling the social network to Automattic, the company behind the blogging tool WordPress. It's not disclosing the size of the deal, but Automattic…
Source: Engadget | Verizon will sell Tumblr to the owner of WordPress