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Of all days, on April 1st, Microsoft finally acquired Yahoo. All the silence we have been hearing was confidential discussions between Yahoo's executive team and Microsoft's executive. It really didn't even take that long, but most of us expected that Microsoft would own Yahoo in the long run.
At this point, Microsoft tells us that they will leave Yahoo as a standalone property. They did not yet decide if they will consolidate their efforts on the search front. But I suspect they will group the two search teams together and join forces in building out an engine that can seriously compete against Google.
Of course, Google is not happy. Google, in fact, is taking the Microsoft approach and placed a bid of $50 per share for Microsoft. Google is going to use the hostile take over approach to buyout Microsoft, Google's biggest ever acquisition. Probably the biggest acquisition anywhere.
So in this round about way, Google will own both Yahoo and Live Search. Google will soon secure almost 100-percent of the search market share, if this hostile takeover happens, which seems very likely.
What crazy news for April Fools Day, who would believe it?
Comments:
qaplus
04/01/2008 08:28 pm
love to see that happen! :) the only loose end is that even with the current price, MSFT's market cap is still twice as large as GOOG's. For a $50 offer, GOOG needs to sell itself 4 times to raise the cash...
Fauzi
04/02/2008 03:29 am
Not to mention that anti-trust laws will not allow that kind of transaction to happen.
Chris
04/02/2008 06:09 am
Funny stuff...I just can see it now. Bill Gates gets up in front of a huge crowd to discuss the new "Googlesoft" and the computer crashes...
Tony Austin
04/02/2008 12:14 pm
Some of us novices got fooled!
keith jones
07/05/2008 01:51 am
What do Yahoo, Camgirls & organised crime have in common? http://endmafia.com
keeeg
07/09/2008 07:34 am
Somebody else having trouble with Yahoo mobsters: http://news.cnet.com/5208-1038-0.html?hhTest&forumID=1&threadID=10346&messageID=76947&start=-1
Nick23904
04/19/2011 04:48 pm
miccrosoft buy anything alwys
dan
06/21/2011 02:16 pm
Google are greedy gits. I truly hope they don't buy Microsoft. Bill Gates will probably fight Larry Page to death over it!