By Jonathan OatisBloomberg NewsOne of the biggest companies in the tech industry, Dish and Dish Network Inc. will merge to form AOL.
The companies will be merged under a joint venture called DishNet, and the merger will be announced in the second quarter of the year.
The merger will allow AOL to become a more efficient and competitive provider of broadband and video content.
The announcement comes amid a growing number of acquisitions by technology companies, and some observers have called the merger a win for consumers.
AOL has been in a merger frenzy lately, acquiring the AOL Time Warner Cable unit in 2012, and then acquiring AOL’s content delivery business in 2013.
The news comes amid the recent news that AOL is working with Apple on an advertising service that would enable advertisers to place targeted ads on a user’s Web browsing history, similar to Apple’s AirPods.
Apple CEO Tim Cook said the service could launch this year.