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.
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