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Microsoft In £22.4bn Yahoo Bid

Microsoft has offered to buy the search engine company Yahoo for $44.6bn (£22.4bn) in cash and shares.

It has been struggling in recent years to compete with Google, which has also been a competitor to Microsoft.

"We have great respect for Yahoo, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market," Microsoft chief executive Steve Ballmer said.

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mighty_douche3520d ago

Why bother? Google have it all sown up!

eLiNeS3520d ago

It does not seem like a good move to me. I never use Yahoo nor do I know anyone that does, I am sure a few do but Google FTW!!!

Capt CHAOS3520d ago

As if their turn over is that much..

Give me two billion and a year and I'll build you google v2.00

wageslave3519d ago

"Its a lot of money" to you and I sure.

But MS's market capital is $283 Billion and YHOO is $37 Billion.

Yahoo vastly smaller and its operating units will certainly be easily integrated into MSFT.

This is a great deal for MSFT & YHOO, but GOOG has to be shiating the bed right about now.

masterg3519d ago

@eLiNeS

Yahoo is the number one website in the world. Not Google (number 2).

robbo9183519d ago

Revenue from Google in the online world is greater than Yahoo and also from what Microsoft had prior to this deal:

In the most recent quarter, Microsoft had online revenue of $863 million, compared with $4.8 billion at Google. Yahoo and Microsoft together had more than $2.6 billion in revenue, still trailing well behind Google but in a far stronger competitive position.

http://www.nytimes.com/2008...

+ Show (2) more repliesLast reply 3519d ago
0LDSCH00L3520d ago (Edited 3520d ago )

Go MS! next up.. Logitech.

Bladestar3520d ago

tell me about it... I purchased a bunch of Logitech shares hoping this happends... I knew about yahoo possible microsoft buy I'm honesly not sure if this is a good move... Yahoo shares just jump from $19 to $29... not bad for those that owned the shares... I think it may go as high as $33... best since nov... yahoo stocks are are in for a ride... jump or jump out? what to do!?

Iron Man 23520d ago

You gotta love Microsoft!/sarcasm

Google FTW!;)

Iamback3520d ago

44 billion dollar for that crap? Give me 100k i can make better use of it. Christ some people have 2 much money

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