Microsoft has just announced a bid to purchase Yahoo. No surprise given the latter’s poor performance lately, making it a good takeover target—plus Microsoft has the cash. I think it’s a good fit. By purchasing Yahoo, Microsoft gets a bevy of online companies with great brand recognition. Honestly, hard as Microsoft has tried, it’s MSN properties lag behind both Google and Yahoo. I hope the deal goes through.
Friday, February 1, 2008
Microsoft Goes For Online Gold
Posted by Niraj at 09:32
Labels: business/economics, internet, science/technology, united states
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