Featured Articles

Intel refreshes CPU roadmap

Intel refreshes CPU roadmap

Intel has revealed an update to its CPU roadmap and some things have changed in 2015 and beyond. Let’s start with the…

More...
Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 04 March 2008 07:01

Microsoft still pursuing Yahoo!

Written by David Stellmack
ImageImage

Ballmer tells audience at CeBIT

Microsoft’s CEO, Steve Ballmer, told an audience at CeBIT that Microsoft is still interested in acquiring Yahoo!, but did not indicate whether Microsoft would pursue a proxy fight to remove the Board of Directors of Yahoo!, who had voted to reject Microsoft’s initial offer of $44.6 billion in cash and stock.

Instead, Ballmer mentioned that the deal between the two companies still has tremendous value and that it is his hope that the two companies can reach a compromise to allow the deal to move ahead. The question remains whether Microsoft will pursue a hostile takeover bid for Yahoo! In the event a compromise is not reached.

Yahoo! Has struggled to compete with mega giant Google Inc. in the online advertising market space and Microsoft’s approach to Yahoo! has been that the combined forces of Microsoft and Yahoo! can effectively compete with Google.

Unfriendly takeovers do not generally create harmony among the company staff being acquired. Also, the value of the Microsoft offer on February 1st to Yahoo! has already declined by several billion dollars (yes that is billions) as Yahoo!’s share price has declined precipitously since the initial offer was made.

This looks to be a fight if neither side budges from its current position. We’ll keep you posted.

Last modified on Tuesday, 04 March 2008 08:00

David Stellmack

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