SMB Nation Blog

SMB Nation has been serving the Bainbridge Island area since 2001, providing IT Support such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses.

Yahoo! To Acquire Tumblr for $1.1B…Promises not to “Screw it up”

yahoo logoWe heard today that Yahoo! and Tumblr have made plans to agree on Yahoo!’s $1.1 billion acquisition of Tumblr…in an “interesting” admission, Yahoo! said in a media statement that it plans to “not screw up” the acquisition!”

Per the agreement and its promise not to screw it up, Tumblr will be independently operated as a separate business. David Karp will remain CEO. The product, service and brand will continue to be defined and developed separately with the same Tumblr commitment to empower creators.

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