Featured Articles

Broadwell to be faster than Skylake-S in desktop

Broadwell to be faster than Skylake-S in desktop

Intel will do something that it never did before. It will release two processor generations at once in the desktop space.…

More...
ARM’s signs off on 64 bit ARMv8-A

ARM’s signs off on 64 bit ARMv8-A

British chip designer ARM has just signed off its 50th licensing agreement for its ARMv8-A technology, which includes support for 64-bit…

More...
Intel Business vPro market divided into 7 categories

Intel Business vPro market divided into 7 categories

Just a few years ago we had two market segments for business users. We had desktops and notebooks and now Intel…

More...
GTA 5 will make November release

GTA 5 will make November release

While we have continued to hear that Grand Theft Auto V for the Xbox One, PlayStation 4, and PC will not…

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.
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