Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 01 February 2008 15:41

Microsoft buys Yahoo!

Written by test
ImageImage

Wants to compete with Google

Although not entirely unexpected, Microsoft has tendered an official offer for Yahoo! and it's not a bad offer, either; at US$31.00 per share. or the option to trade in one Yahoo! share for 0.9509 of a Microsoft share.

The offer was 62 percent higher than where Yahoo's stock was valued at closing time yesterday, which was U$19.18.

Microsoft needs a strong partner if they seriously want to compete against Google, and Yahoo! has the experience and possibly the skillset that Microsoft needs.

The deal still needs to go through the regulatory guidelines in the U.S. and both Boards of Directors need to approve, but these are only routine hurdles.

You can find the full press release here, including the letter from Steve Ballmer on behalf of Microsoft's Board of Directors to Yahoo's Board of Directors.
Last modified on Friday, 01 February 2008 16:34

test

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments