Microsoft offers $44.6B US in cash and stock for Yahoo::
Feb 1, 2008 Microsoft Corp. has pounced on slumping Internet icon Yahoo Inc. with an unsolicited takeover offer of $44.6 billion US in its boldest bid
http://www.cbc.ca/money/story/2008/02/01/microsoft-yahoo.htmlHOME |
Microsoft Corp. is offering $44.6 billion in cash and stock for search engine operator Yahoo Inc. in a move to boost its competitive position in the online services market.
The unexpected announcement Friday comes as Microsoft, the world's biggest software company, seeks new ways to compete more effectively against the search and online advertising powerhouse Google Inc.
News source: MSNBC NEWS
http://neowin.net/
well in my opinion, yahoo should reject this offer, as there is no need for yahoo to give away, they are pretty sucessfull :)
@unknown : are you speaking on facts or is it only air... :D , M$ can't be bought by FOSS or anything man .. keep it to facts dude.. present something that supports your claim
It is true that FOSS can't do that coz M$ won't agree !!! but if M$ does then i think FOSS can. But simply saying FOSS has no necessity to buy M$. FOSS is getting popular in its own way !!
If this happens it will be great! Finally google will have a serious challenger in the web arena.
It has been proposed many times and such romours have been doing the rounds for years (latest being bout 8 months back), but this is the first time MS is officially making a move.
the abbot of abebrothok (i dont remember the spellings);
well that was in 'The Rime of the Ancient Mariner' by the Poet Coleridge.. I feel very sorry for the Poor sailor... Now I am feeling same for Ballmer (M$ investors are already up against this deal)
Source:
http://www.bloomberg.com/apps/news?pid=20601087&sid=akEr_1W8CZxU&refer=home
interesting development there were speculations of this some time back; yahoo may reject it now but chances are sooner or later tthey might give in most of the time thts what happens when a take over bid is made companies to tend to reject then finally give in
contrary to popular belief yahoo is in a complete mess
You are supporting my point or opposing ? coz i too mean the same thing as you told... yahoo is in a mess !!
@blackpearl - Well said
@praka123 - Buddy, first of all every company has its own share of killing its competitors, if you are so straight forward in pointing fingers at Microsoft, then Intel is far worse than Microsoft IMHO.Intel has killed AMD so as to say that the Chip competitor has suffered losses and was rumoured to be bought by several different companies like Samsung, nVIDIA and even Google.And by the way if you are still thinking that only M$ is in the DRM crap, don't forget that even Google is a member of TCPA which in future is planning to bring what is known as TPM or Trusted Platform Module.
Competition should be healthy for the end user to select from a variety of options. In this regard I need to stress that FOSS and Mac OS X have made Microsoft reduce their prices which I still think is costly
(Windows Vista Ultimate :mad:).
From M$ point of view, it needs to simplify its process of launching its versions of OS (Vista 5 Editions was a total misqueue).
I still feel XP's release was the best (Initially only 2 OS and then when there was a MCE requirement, they released MCE later)
People here are always bashing Microsoft, little do they realise that this offer cannot be made by apple or the open source guys. Simply put, they don't have money to make this kind of deal :D Microsoft has sold products and has a overwhelming market share. That proves that people LOVE Microsoft and are spending their money on them. Another milestone for the company called Microsoft and they are numero uno because they strongly believe ''YOUR POTENTIAL. OUR PASSION'' :)
damn yet another microsoft news...
Microsoft Offers To Buy Yahoo | WebProNews::
Microsoft Offers To Buy Yahoo. By WebProNews Staff - Fri, 02/01/2008 - 8:06am. $44.6 billion in cash & stock on the table. The world's top software company
http://www.webpronews.com/topnews/2008/02/01/microsoft-offers-to-buy-yahooHOME |
I think yahoo won't give away to microsoft because they(microsoft) have a bad public image these days that may distroy yahoo's reputation. Besides, yahoo is already very successful these days.
And M$ can never beat google.
Microsoft makes much more than yahoo and Google combined
http://www.techcrunch.com/wp-content/msftyhoo-table.png
Google Offers to Help Yahoo
Thwart Microsoft Deal
The Wall Street Journal
Google Inc. Chief Executive Eric Schmidt called Yahoo Inc. CEO Jerry Yang to offer his company's help in any effort to thwart Microsoft Corp.'s unsolicited $44.6 billion bid for Yahoo, say people familiar with the matter.
The approach Friday from Google -- Microsoft's chief rival on the Internet -- came as Yahoo is assessing its options for responding to Microsoft's aggressive "bear hug" bid, which has sent aftershocks through the media and technology industries since its announcement Friday. People familiar with the matter say Yahoo's board of directors, which conferred by telephone Friday, hasn't taken a position so far and no rival bids have emerged yet, though it remains possible some will.
It's considered unlikely that Google would itself bid for Yahoo because of regulatory concerns related to their large shares of the search and online advertising markets. But the people familiar with the matter say Google could play a role in attempts by others to outbid Microsoft, or by Yahoo to remain independent. Google could potentially offer money, or guaranteed revenue in return for a Yahoo advertising outsourcing pact, under that scenario, say people familiar with the matter. Even such involvement by Google would likely attract antitrust scrutiny because of concerns that competition between the two Silicon Valley Internet companies could be reduced.
A Google spokesman declined to comment on any interest in Yahoo or contact between the two companies. Google in a blog post yesterday said Microsoft's pursuit of Yahoo "raises troubling questions" about whether it would give Microsoft too much power that could be abused. Microsoft responded by saying the deal would "create a more competitive marketplace by establishing a compelling No. 2 competitor for Internet search and online advertising."
One person familiar with the matter said that a number of technology, media and financial companies have since Friday discussed with Yahoo and its advisers their possible interest in participating in a bid for the company. But so far no serious rival bids have emerged from that, said people familiar with the matter.
Yahoo has said its board of directors would weigh the Microsoft offer and any alternatives, including keeping Yahoo independent, "and pursue the best course of action to maximize long-term value for shareholders." In a statement on its Web site, the company said "a review process like this is fluid, and it can take quite a bit of time."
Yahoo already had been in negotiations in recent weeks to outsource its Web-search advertising in Europe to Google, say people familiar with the matter. Since last year, investors have called for Yahoo to abandon its own search advertising system, which generates significantly less ad revenue for each consumer search, and use ads from Google in return for a majority share of the revenue.
The discussions with Google, which could potentially be a first step to a broader search-ad outsourcing deal, are expected to continue despite Microsoft's approach, says one of the people familiar with the matter. Another person said the two sides recently hit a disagreement on the revenue split between them.
Citigroup Global Markets analyst Mark Mahaney in a Friday research note estimated that Yahoo could boost its cash flow more than 25% annually by outsourcing all its search advertising to Google. Yahoo executives had considered such a maneuver as part of a strategic review last year, according to people familiar with the matter, but Mr. Yang in October had signaled that it had decided against it.
"We believe having a principal position in both search and display advertising is critical to creating... long-term shareholder value," Mr. Yang told analysts during Yahoo's earnings conference call in October. Yahoo's recent poor performance, including a sinking share price prior to Microsoft's bid and a tepid 2008 revenue outlook announced Tuesday, heightened calls for bolder moves by Mr. Yang, possibly spurring the change of heart toward Google.
Rival bids, including any with Google's support, could be crucial to efforts by Yahoo to at least secure a higher price for the company. Some investors believe Microsoft's offer of $31 per share -- a 62% premium to Yahoo's Thursday 4 p.m. trading on the Nasdaq -- is low, given that Yahoo shares traded at $33.63 as recently as Oct. 26.
In addition, they contend that the premium Microsoft is offering is insufficient because Yahoo holds cash and shares in publicly traded companies, including Yahoo Japan Corp. and Alibaba Group Holding Ltd., with a total market value of more than $12 per Yahoo share. "We've got a very fair offer in front of the Yahoo shareholders," said Steve Ballmer, Microsoft's chief executive, in an interview yesterday.
Google and Microsoft exchanged barbs yesterday related to that issue. Google Senior Vice President David Drummond in a blog post asked whether Microsoft could "now attempt to exert the same sort of inappropriate and illegal influence over the Internet that it did with the PC."
Microsoft General Counsel Brad Smith responded in a statement that "The combination of Microsoft and Yahoo will create a more competitive marketplace by establishing a compelling No. 2 competitor for Internet search and online advertising." Mr. Smith added that "the alternative scenarios only lead to less competition on the Internet." (Read the statement.)
Google identified instant messaging and Web email accounts as areas where a Microsoft-Yahoo combination would have "an overwhelming" market share. In the blog post, Google also questioned whether Microsoft could use its "PC software monopoly to unfairly limit the ability of consumers to freely access competitors' email, [instant messaging] and Web-based services."
Microsoft had clearly identified competition from Google as a key reason behind its bid for Yahoo. In a letter to Yahoo's board making the offer on Thursday, Mr. Ballmer said the online advertising market is "increasingly dominated by one player," a reference to Google. "Together, Microsoft and Yahoo can offer competitive choice while better fulfilling the needs of customers and partners," he added. The two have been largely unsuccessful in their intensive efforts to narrow the gap with Google in Web-search market share and challenge its growing lead in Internet ad sales. Microsoft offers $44.6 billion for Yahoo |Open Sources | Rodrigues ::
Open Sources | Rodrigues & Urlocker ยป Microsoft offers $44.6 billion for Yahoo. February 01, 2008 | Comments: (0)
http://weblog.infoworld.com/openresource/archives/2008/02/microsoft_offer.htmlHOME |
i use gmail 2 but i like yahoo better!!!
Microsoft is like the Matrix (http://siryes.blogspot.com/2008/01/microsoft-is-like-matrix.html)
The majority of the users Just Don't Know. The reference to the "Matrix" movie is both stunning and crystal clear. Right now, nine years after the first film was produced, I have been enlightened:
Microsoft is like the Matrix.
It's all about control and power. The only difference is that Microsoft does not desire electricity, but the money. All it can get. Now read, think and have fun.
^a MUST read! :p
My net became very slow .DAMN!
and microsoft is too rich to handle :D
^u didnt get my point.there are lot of things which as a FOSS supporter I cannot get with M$haft.like the "get the facts" FUD,or sueing Linux via SCO Unix claiming codes or treating the user as slave with inbuilt DRMing of Vista and that goes on..Intel cannot come anyway near M$haft when it comes to trying to destroy Open Source Community and Linux esp via software Patent claims etc.
Even I am against these Hardware corps who are building DRM's inside their every product,be it a processor,hdd or whatever.this sucks!
and RIAAA the main losers who want to eat user rights!
I think this post will let know what I meant:
http://www.thinkdigit.com/forum/showthread.php?t=79403
My computer is mine. I didn’t license or borrow it from an OS vendor. I don’t want to ask permission to install or uninstall software on it, including the operating system. If I upgrade or swap out parts, I don’t have to justify it to anyone ( except maybe the Mrs. if it’s a bit pricey ).
^the first point being the most important one.
pity!u have to grow!go,research more on what M$ is doing?
I urge you to read complete:
http://linux.slashdot.org/comments.pl?sid=230391&threshold=1&commentsort=0&mode=thread&cid=18696149
Microsoft has been scanning the horizon to ensure that no one begins to kick at the blocks that prop up their monopoly. They are constantly looking for new ways to create more blocks. Some of these blocks are directx, drm, application/windows APIs, network interoperability (or the lack thereof), WGA/WGN lie, FUD, patents. Writing for OpenGL means you are writing for multiple platforms which gives a greater overall share.
hey, don't want MS 2 buy Yahoo!!! Yahoo mail is much better then hotmail. i don't want 2 ruin it.
its not a good offer.... :D
who cares.... I know the chairman of yahoo personally.. He said he'll be rejecting the offer and will ask billy whether google can take over MS... He is quoting 33222$ to buy M$...
http://gigasmilies.googlepages.com/24.gifhttp://gigasmilies.googlepages.com/24.gifhttp://gigasmilies.googlepages.com/24.gifhttp://gigasmilies.googlepages.com/24.gifhttp://gigasmilies.googlepages.com/24.gif
Well I certainly feel that it would be not worth an acquisition as Microsoft needs to improve Hotmail and Live Search.
It would be better if Microsoft acquires AMD instead.;)
AMD is a CPU company. What has M$ to do with it ? huh
Google still rocks... I dont think anybody can beat it.... :)
True
Steve Ballmer is a good manipulator when dealing with the rivals.. However he has put his foot in his mouth.. by complaining google's takeover bid of doubleclick to Europeaon Commission as well as the US justice Department.. Now M$ is facing the same antitrust charge if it go over Yahoo's bid...Now Yahoo is becoming a death Albatross hung on its neck...(I forget the title of the poem that I read in my school days)..
vaithy
Poem Name- Rime of the Ancient Mariner :D :D :D
We have it now (in 10th).
Microsoft had it always easy of its business philosophy "Embrace, Extend and Extinguish" until now. Not anymore, regardless of Yahoo giving in or not, they just can't beat Google Inc.
I just hope Google doesn't turn out as bad as they are made out to be in the long run and doesn't go the Microsoft way. It is much more respected company and hope it stays like that.
I got this info today in Telegraph paper.
I think if Microsoft buy Yahoo (Yacrosoft) , then he easily beat Google.
Anybody reading praka's posts (in any thread) will think that Microsoft was directly resposnsible for his misfortune/failure. Honestly, how many of you were actually affected by Microsoft's policy or softwares? Tell me.
And this isn't the case with only Microsoft, this monopoly thing. Every big company enjoys monopoly of some sort. Do you know Reliance's Subhiksha stores are killing the small scale businessmen who sells vegetables and other consumer goods? Isn't that evil too? But do you care? No.
Yahoo has Straight 8 quarters loss !! They must be really thinking hard on this offer. After this offer, Yahoo share are reportedly rose by about 16% and Microsoft's fell about 1.5%.
Source: DNA Newspaper (sorry no link found)
^^Again starting wars? Chill man! :)
yahoo soft may be in the future tense at present..but it offer some good opportunities for reducing piracy levels of Windows to some extent..Just consider the scenario. Some time in the near future you are trying to download a Yahoo application. But every time a window pops up asking you to validate your copy of the Microsoft Windows operating system as genuine. That is because big brother has just acquired Yahoo and everybody knows old habits die hard.
Consider you open a yahoo mail...after reading the contents of the loved one you are shocked to find the foot note from ,of course,l Mighty steve Ballmer himself pleaded with you, “ Dear customer! can you inform the sender of this e-mail to use only genuine Micro Soft products only.. Because the email is from the Pcrunning on pirated windows software”
On the other hand when you are seriously typing a webmail in yahoo , a message pop-up, Dear customers! it is time to check your OS geniune with Micorosoft web site..
Ofcourse You may be puzzled.. because you are not using Windows of any kind but using the GNU/Linux.. how come..?
Your query may return a sharp rebuke,
You know we have patents on Linux ..
Yahoo -Soft blue print is already hot discussion in many forums.even before Yahoo shareholders inked their approval...
Let us face the double barrell Shot-gun!!
Vaithy
People here are always bashing Microsoft, little do they realise that this offer cannot be made by apple or the open source guys. Simply put, they don't have money to make this kind of deal :D Microsoft has sold products and has a overwhelming market share. That proves that people LOVE Microsoft and are spending their money on them. Another milestone for the company called Microsoft and they are numero uno because they strongly believe ''YOUR POTENTIAL. OUR PASSION'' :)
this isn't true. FOSS has money; but why would FOSS want to buy M$ ? huh. its silly. FOSS is becoming popular.
m$ wanna beat google
well in my opinion, yahoo should reject this offer, as there is no need for yahoo to give away, they are pretty sucessfull :)
@unknown : are you speaking on facts or is it only air... :D , M$ can't be bought by FOSS or anything man .. keep it to facts dude.. present something that supports your claim
hey, don't want MS 2 buy Yahoo!!! Yahoo mail is much better then hotmail. i don't want 2 ruin it.
Gmail is much much much better than Yahoo mail!:)
it's just another try by MS.
True
Poem Name- Rime of the Ancient Mariner :D :D :D
We have it now (in 10th).
Thanks, but I got faster than you see #32
Vaithy
well look at the bright side. m$ doesnt screw up the companies it buys unlike EA
Google still rocks... I dont think anybody can beat it.... :)
Microsoft makes much more than yahoo and Google combined
http://www.techcrunch.com/wp-content/msftyhoo-table.png
Yup but its percentage profits are less than Google. Google is growing fast.
God grace!let google continue!we dont want M$haft monopoly with yahoo also :rolleyes:
M$ days are numbered.they did the biggest mistake of vista.now trying to buy yahoo?OHO!our M$ fanboys here used to show me screenshots of that cr#p called live.com(hotmail?) with lot of features which is sh!t for me :evil:
Biggest Lesson:No country will remain ruling others.the mighty hitler's germany came down!similarly the new monopolist and anit-competency expert and a shrewd fcuking business man called Bill gates's M$haft can not be here ruling for another decade.
times will come when his company's FUDing,Software Patents will backfire on M$haft :) I am expecting a co-allition of corps like IBM et al along with FOSS killing the biggest evil of 20&21st century called M$haft :rolleyes:
some other companies,may be it is google or who knows will kill the M$haft from its business eternally.this is nature's law.
I'd be the first one to post that news here about M$ liquidation :) Happy days with FOSS (http://www.badvista.fsf.org) :)
^^Whats Head Count?
Number of people working? :confused:
i meant , i asked ""The unknown"" in my previous post to put up a proof besied his sayign that FOSS can buy Microsoft ???
Yahoo is surely going to reject this. They are better and M$ is just going to spoil them.
Microsoft is like the Matrix
^a MUST read! :p
Ya, See this
http://www.thinkdigit.com/forum/showthread.php?t=79422
http://farm3.static.flickr.com/2180/2122604477_1f3f245df7_o.png
Microsoft's big Yahoo bid: Wall Street reacts (http://blog.seattlepi.nwsource.com/microsoft/archives/130812.asp)
We are not very positive on the deal. It's a lot of money. They're eager to grow their business, and this is what is prompting this acquisition. Yahoo in itself is a dying franchise and I don't know if buying Yahoo is going to solve the problem that both of them have, which is more monetization of their traffic vs. wanting more traffic.
One of the biggest challenges facing MSN and potentially Yahoo! is the lack of scale in terms of search traffic compared to Google. We believe that a potential combination between the two companies could solve this issue and close the gap with Google from a search inventory and advertiser perspective. On a global basis, MSN/Yahoo! could reach approximately 600M unique users and have approximately 28.3% of all searches. Further, we believe the increased scale of the combined search entity would lead to improved monetization due to a number of advertisers, which positively impact coverage, click-through rates, and pricing.
Yahoo!'s Board has rejected prior offers, but this time could be different. Yahoo! is in the midst of a major transition as it hustles to create a substantial ad-serving and targeting platform that integrates both search and branded advertising. It faces several headwinds as it pursues this as a standalone company, namely a weakening economy and a CTO shift. At the same time, its window of opportunity has shrunk as Google's pending acquisition of DoubleClick is about to raise the competition for a consolidated brand-search offering. Thus, the imperative has grown and Yahoo!'s Board may be more likely to accept this offer.
For Microsoft or any other company seeking to gain scale in Internet advertising, Yahoo! is an obvious strategic choice given its position as one of the top 3 Web properties worldwide. Yahoo!'s increasing challenge over the past few years has been losing market share to Google in search and market share to social networks.
For your info Digitians, its not only Microsoft that always cuts and clears its opponents all the way. A classic example for this should be Symantec's acquisition of a company called Binary Research which was the original creator of the GHOST (General Hardware Oriented System Transfer) program since Symantec were unable to create a better product than what BR was doing.
Huh,,,M$ can do nething..
Just came across this news in CNN Money
http://techland.blogs.fortune.cnn.com/2008/02/01/271/
just an interesting read though...
who cares.... I know the chairman of yahoo personally.. He said he'll be rejecting the offer and will ask billy whether google can take over MS... He is quoting 33222$ to buy M$...
^too bad :( slow internet!will see asap! :)
when u cant beat them,buy them :lol: poor M$!
the age old policy of M$Ft (http://badvista.fsf.org).
Well said
M$ failed in one thing!they cant buy Open Source (http://www.fsf.org) and GNU/Linux (http://www.getgnulinux.org). hahaha! :D
Reminds me of SCO Unix case, money muscle all the way. Too bad the courts didn't bite
http://farm3.static.flickr.com/2180/2122604477_1f3f245df7_o.png
It was always a matter of time, i guess! both ms and yahoo failed to make a mark in THIS segment, in spite of plenty $$ investments here ! yahoo was recently forced to lay off so many people ! ms is cash rich, and if these two come together, would make a strong No 2 to take on google !
Well I certainly feel that it would be not worth an acquisition as Microsoft needs to improve Hotmail and Live Search.
It would be better if Microsoft acquires AMD instead.;)
For your info Digitians, its not only Microsoft that always cuts and clears its opponents all the way. A classic example for this should be Symantec's acquisition of a company called Binary Research which was the original creator of the GHOST (General Hardware Oriented System Transfer) program since Symantec were unable to create a better product than what BR was doing.
in teh corporate world every1 does it ... acquisitions/consolidations/mergers are a big part of business expantion every1 does it yahoo itself has bought a couple of companies to reach where it is ;)
Steve Ballmer is a good manipulator when dealing with the rivals.. However he has put his foot in his mouth.. by complaining google's takeover bid of doubleclick to Europeaon Commission as well as the US justice Department.. Now M$ is facing the same antitrust charge if it go over Yahoo's bid...Now Yahoo is becoming a death Albatross hung on its neck...(I forget the title of the poem that I read in my school days)..
vaithythe abbot of abebrothok (i dont remember the spellings); the anti-trusts are part and parcel of the game pretty much like acquisitions and filing anti-trusts is very common
Yahoo has Straight 8 quarters loss !! They must be really thinking hard on this offer. After this offer, Yahoo share are reportedly rose by about 16% and Microsoft's fell about 1.5%.
Source: DNA Newspaper (sorry no link found)contrary to popular belief yahoo is in a complete mess
In a three way race M$is facing difficulty to win over google.. So the buyout of yahoo will helpit to merge its resources with msn latter bury the Yahoo's skeleton under Redmond's corridor.. msn Vs google final will be thrilling!!watchout folks!!
y
vaithy
growing, wint M$ growing more and more everyday ?? every company grows. day by day..
and i said to @unknown to present the proof that M$ can be bought by FOSS.. is M$ in LOSS or FOSS has more money :D lol
MS please just stay focused on OS :D .... already ruined vista .........
growing, wint M$ growing more and more everyday ?? every company grows. day by day..
and i said to @unknown to present the proof that M$ can be bought by FOSS.. is M$ in LOSS or FOSS has more money :D lol
too much poetry there... didn't get a single point.
Everyone hates the One on the Top .
That's what i think really is the case , Everyone wants Microsoft to not be on the top .
If it was someone else , then i bet people would've cursed them insted os MS .
http://gigasmilies.googlepages.com/24.gifhttp://gigasmilies.googlepages.com/24.gifhttp://gigasmilies.googlepages.com/24.gifhttp://gigasmilies.googlepages.com/24.gifhttp://gigasmilies.googlepages.com/24.gif
well i think his Username perfectly matches with his post. "I Am a Clown" :D
^well done Google!ya all worth the salt! puke on M$haft! :twisted:
Oh God!I dont want to lend my yahoo id to be from M$haft :x
Steve Ballmer is a good manipulator when dealing with the rivals.. However he has put his foot in his mouth.. by complaining google's takeover bid of doubleclick to Europeaon Commission as well as the US justice Department.. Now M$ is facing the same antitrust charge if it go over Yahoo's bid...Now Yahoo is becoming a death Albatross hung on its neck...(I forget the title of the poem that I read in my school days)..
vaithy
when u cant beat them,buy them :lol: poor M$!
the age old policy of M$Ft (http://badvista.fsf.org).
M$ failed in one thing!they cant buy Open Source (http://www.fsf.org) and GNU/Linux (http://www.getgnulinux.org). hahaha! :D
 How much does getting a small tattoo on your hip/stomach hurt?
 Do anyone else have an itchy anus? ?
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Microsoft offers $44.6 billion for Yahoo