Continuing the long, 5-month battle, Microsoft and Yahoo! still can’t agree on a deal. Announced today was another rejection from Yahoo! that was handed down to Microsoft. With the help of Carl Icahn, Microsoft is trying to acquire Yahoo’s search business. Yahoo! clearly doesn’t like the idea and is willing to open up talks again [...]
Continue reading...Monday, July 7, 2008
Microsoft has announced an agreement to fully purchase MSN Israel from their partner, Internet Gold. Microsoft previously held 49.9%, while Internet Gold owned 50.1% of MSN Israel. The parties are currently discussing the terms of migration and possible future cooperation. The msn.co.il portal will continue to operate throughout the transition period and both parties are working [...]
Continue reading...Tuesday, July 1, 2008
It’s final, Microsoft acquires Powerset just as rumors predicted. After looking for suitors since May, Powerset finally decided Microsoft was the best fit. The acquisition will not fuel Microsoft’s search marketshare, but will give it new talent and search technology. The price of the acquisition isn’t being disclosed, but TechCrunch is reporting it was roughly [...]
Continue reading...Wednesday, June 18, 2008
Microsoft announced Wednesday the acquisition of Navic Networks, specializing in television advertising. With the acquisition, Microsoft plans to optimize the placement and delivery of TV advertising. Although terms of the deal were not disclosed, Navic has raised $43 million in three rounds of funding. “Television media represents the largest percentage of advertisers and agencies’ media budget [...]
Continue reading...Wednesday, May 7, 2008
With the Yahoo! deal behind them, Microsoft is now eying other hot proprieties on the internet. According to The Wall Street Journal, Microsoft has put out “subtle signals” to see if Facebook is interested in an acquisition. Microsoft currently owns 1.6% of Facebook, a small piece valued at $240 million. Source
Continue reading...Saturday, May 3, 2008
Three months after its initial offer, Microsoft has decided to walk away from the Yahoo! acquisition. After reports of a raised bid and talks between the two companies, Yahoo! continued to want more money asking for $37 per share or a total deal of $53 billion. Microsoft’s Steve Ballmer mentioned Yahoo! wouldn’t accept its newer [...]
Continue reading...Friday, May 2, 2008
With all the threats to engage a proxy fight and even a possible walk away from the deal, Microsoft seems to have caved in to Yahoo’s demand for money. According to an unnamed source, Microsoft has raised its bid to acquire Yahoo! “by several dollars.” Both Microsoft and Yahoo! declined to comment as talks are [...]
Continue reading...Wednesday, April 30, 2008
Remember the buyout talks between Microsoft and Xobni? Well it seems Xobni has rejected Microsoft’s bid which was reported to be around the $20 million range. The reason? Xobni wasn’t feeling Microsoft’s plans and didn’t want to be just an Outlook plugin. Source
Continue reading...Saturday, April 26, 2008
Originally announced back in January, Microsoft has finalized its deal to acquire FAST Search & Transfer, a leading provider of enterprise search solutions. FAST will operate in Oslo, Norway as a Microsoft subsidiary with its CEO, John Markus Lervik, shifting positions to become Microsoft’s corporate vice president of Enterprise Search. “With our companies combined, we’ll be [...]
Continue reading...Sunday, April 20, 2008
A few months ago, Bill Gates complimented a new startup, Xobni. This lead to rumors of an acquisition by Microsoft and even reports that Xobni turned down a $20 million offer. The subject is popping up again and according to Michael Arrington, two sources have told him the deal “is moving along and that the [...]
Continue reading...Friday, April 18, 2008
On Thursday, Microsoft announced the acquisition of Farecast, an airfare prediction website. The amount of the deal was not released. However, it is estimated to be around $115 million. The two companies are a good fit due to the partnership they currently have over MSN Travel. In a short blog post, Farecast Chief Executive Hugh Crean [...]
Continue reading...Tuesday, April 15, 2008
Microsoft announced today the completion of it $500 million acquisition of Danger. Microsoft plans to create a Premium Mobile Experiences (PMX) team, within the Mobile Communications Business, which will integrate Danger. Danger co-founders Matt Hershenson and Joe Britt will become part of Microsoft’s PMX team, while employees over at Danger will continue to work from [...]
Continue reading...Wednesday, April 9, 2008
In another twist to this whole Microsoft, Yahoo! deal, the New York Times is reporting that News Corp and Microsoft are now in talks to bid together on Yahoo. If such a deal was to work out, it would create an even bigger challenge to Google with a combination of Microsoft’s services, Yahoo’s services, and [...]
Continue reading...Wednesday, April 9, 2008
Earlier today, Yahoo! announced they’ll be handing over search advertising to Google for two weeks. Can you imagine Steve Ballmer’s reaction? We didn’t think so. However, Brad Smith, Microsoft’s General Counsel, did have something to say about the move: “Any definitive agreement between Yahoo! and Google would consolidate over 90% of the search advertising market in [...]
Continue reading...Monday, April 7, 2008
So two days ago, Microsoft’s Steve Ballmer handed Yahoo! a threatening letter to accept their big ass offer, $44.6 Billion, or face a proxy fight. Well today Yahoo! once again decided the offer undervalues the company and rejected Microsoft’s offer of a buyout. In Yahoo’s own words: We are open to all alternatives that maximize stockholder [...]
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Sunday, July 13, 2008
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