Featured Articles

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

We wanted to learn a bit more about Qualcomm's plans for wearables and it turns out that the company believes its…

More...
Qualcomm sampling 20nm Snapdragon 810

Qualcomm sampling 20nm Snapdragon 810

We had a chance to talk to Michelle Leyden-Li, Senior Director of Marketing, QCT at Qualcomm and get an update on…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

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