You are here: silicon.com > Networks > WebWatch

WebWatch

Microsoft bids $44.6bn for Yahoo!

Set to shake up the online world?

Tags: microsoft, advertising, online, bid

By Tim Ferguson

Published: 1 February 2008 12:14 GMT

Microsoft has tabled a $44.6bn bid for web giant Yahoo!.

The bid values Yahoo! at $31 per share, 62 per cent more than the latest common stock value of the company.

Photo stories

Check out silicon.com's latest photo stories here…

1. Photos: Zoom in on London from the air…
2. Photos: What should be crowned the king of Apple cool?
3. Photos: Virgin goes Galactic for SpaceShipTwo
4. Photos: When tech chiefs rock out...
5. Photos: Apple flying high at Macworld
6. Photos: Bill Gates puts on a show at CES
7. Photos of the year
8. Photos: Future tech at Microsoft Innovation day
9. Photos: The super 3D body scanner
10. Photos: The best of Google Sky >

Microsoft CEO Steve Ballmer said a tie-up will allow the two to offer an "increasingly exciting set of solutions for consumers, publishers and advertisers" and allow them to be "better positioned to compete in the online market".

Ray Ozzie, chief software architect at Microsoft, said the deal will mean customers could have "new experiences" which the two companies could not produce on their own.

According to Microsoft, the online advertising market is expected to double from 2007 to 2010, hitting $80bn in revenue, meaning the benefits of scale will become increasingly important.

In a statement, Yahoo! confirmed it has received an "unsolicited proposal from Microsoft to acquire the company" and its board of directors will "evaluate this proposal carefully in the context of Yahoo!'s strategic plans".

Click here for Steve Ballmer's letter to Yahoo!...

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure
Read and write about internet access at the airports of the world at atlarge.com. Rate airports, and see what others have to say...

Natasha Lomas Exclusive: Jimmy Wales on what's next for Wikipedia Why Wikipedia needs geeks and why a life unplugged is unthinkable

Peter Cochrane Peter Cochrane's Blog: United breaks guitars? Customer service has changed forever


  • Jobs
Mobile Handset Application Developers - Betfair

Successful applicants will need to deal with the network, platform and user experience elements that constitute a mobile channel.The main challenge ...

Junior PPC Executive/Search Executive

Keywords: PPC, pay per click, paid search, paid advertising, natural search, pay-per-click, online marketing, digital marketing, online, digital, ...

Bid Co-ordinator - Defence

Email your full CV to cv_steve_dignum@ers.co.uk or call Steve on 01923 22 55 81 for more information. Bid Co-ordinator - Defence Bid Co-ordinator - ...

Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.





Quick Sitemap Links: