Microsoft to buy Yahoo!?
For the last 12 months or so there have been rumours about Microsoft buying Yahoo! and I even blogged about it back in May but today Microsoft have formally made a bid for Yahoo! valuing them at $44.6billion. There is no news yet from Yahoo! as to whether they are going to accept this offer but with the current forecast misses and predicted job loses at Yahoo! it is a definite possibility (even more consolidation as I predicted).
This could mean a serious shake up of internet services if it goes ahead as Microsoft and Yahoo! have a number of overlapping internet services - email, instant messaging, mapping, portal, search, etc. which I’m sure long term they would look to consolidate - a serious undertaking! I, like many internet users, will definitely be interested to see what they do with services such as Flickr and Del.icio.us.
If this does go ahead, watch out Google!
Tags: Internet
February 1st, 2008 at 6:03 pm
Yeah, seems like it’s the season for software companies to buy each other