« Threat Thursday: The Enemy Within | Main | Tie Things Together: With a little Twine »

Feb 2
Microsoft's Makes $42 Billion Bid for Yahoo!

I read about Microsoft's unsolicited offer for Yahoo Inc. (NASDAQ: YHOO) on their homepage yesterday and just finished reading another article from the AP this morning.  This most recent article by Michael Liedtke described the unsolicited bid as "Microsoft trying to force crippled rival Yahoo Inc. into a shotgun marriage" and considering Microsoft Corp. (NASDAQ: MSFT) was rebuffed in a previous offer last year, they sure are proving a persistent suitor, but it'll be hard to ignore a $42 billion offer.shotgun.jpg

The offer comes on the heels of Yahoo company Chairman Terry Semel stepping down from the Board of Directors last month.  Mr. Semel, then chief executive, declined the previous offer by Microsoft, so with this obstacle removed they're making another overture.  Yahoo's Board released a statement that they "will evaluate this proposal carefully and promptly in the context of Yahoo!'s strategic plans and pursue the best course of action to maximize long-term value for shareholders."

Microsoft is clearly threatened by Google's 62% control of the worldwide search market and their supremacy in generating revenue from advertising.  Microsoft has also got to be concerned about Google's momentum to provide online software services like Google Apps that rival Microsoft's packaged software.

So, is this a good thing for the struggling Yahoo?  Microsoft has already admitted that their foray into the online arena has not been as successful as they would like.  Will an acquisition of Yahoo give them the edge they need to challenge Google?


0 Comments/Trackbacks




submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« Threat Thursday: The Enemy Within | Main | Tie Things Together: With a little Twine »

Advertise


Related Resources

Advertise Here

sponsored ads



subscribe


Prefer Email?
Subscribe below-

Enter your Email:


Powered by FeedBlitz What's this?

Current News

Support This Blog

business social media

Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

BIZZlogos - Add your logo - free link to your site
BIZZphotos - Add photos of your products and people
BIZZprofiles - Submit your profile and build your online visibility
BIZZspotlight - Spotlight your business with free links
BIZZvideos - Videos about businesses, products and business people.
BIZZbites - "Digg" for Business - Submit your articles and posts

know more media network

View Network Map

Network Feed List (OPML)

Know More Media Network
Feed


we support unitus

PRWeb

Influencer



ITechTips is a member of the Know More Media network of business related blogs.

Here are some current headlines from some of our business publications:

ProductivityGoal

CallCenterScript

AdHurl

TheBizofKnowledge

LandingTheDeal

CustomersAreAlways

HealthCareVox

BrainBasedBusiness

TheInsurancePolicy

MarketingBlurb