Friday, February 1, 2008

Microsoft Goes For Online Gold

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.