The most recent rumors indicate that Google may help finance a possible deal by others to acquire Yahoo. According to the Wall Street Journal, unnamed source familiar with the matter, says Google and prospective partners have held early-stage discussions, but haven’t assembled a formal proposal for Yahoo, and it may result in nothing. Although Google’s involvement in a Yahoo acquisition would likely draw antitrust scrutiny from regulators because both companies combined would own a large share of the Internet search traffic.
Sources also indicate that there may be others looking to buy Yahoo like Chinese Internet company Alibaba Group of which Yahoo owns a 43 percent stake and Microsoft which offered to buy Yahoo for $47.5 billion in 2008 before withdrawing the bid.
In the last few years Yahoo has had a hard time keeping up with competition and suffered great losses in online advertising market share to Google and Facebook. Over the last 4 years alone the company changed its CEO three times. Since the company ousted its last CEO Carol Bartz in September, the stock price gained almost 25 percent which many believe is an indication that the company might be ready to accept a potential buyer.
TagsAmazon Apple aws Big Data big data analytics big data solutions cloud Cloud computing cloud management Cloud Marketing cloud news cloud provider cloud providers Cloud Security CRM data center management Dev & Design Enterprise Enterprise Marketing ERP Gartner Google Government HP hybrid cloud IaaS ibm IDC Infrastructure-as-a-service microsoft mobile apps mobile cloud Openstack PaaS platform-as-a-service Private Cloud Public Cloud rackspace SaaS Salesforce.com Social Media software-as-a-service virtualization vmware weekly digest