SEATTLE: Microsoft Corporation plans to invest heavily in Web search to compete against Google Inc, even if it fails to acquire Yahoo Inc, the company’s chairman Bill Gates said.
“We can afford to make big investments in the engineering and marketing that needs to get done. We will do that with or without Yahoo,” [...]
Take-Two has refused an offer by Electronic Arts to acquire the troubled publisher for $2 billion, GamesIndustry.biz reports.
Although Take-Two [GTA publisher] has rejected the cash offer, EA has decided to keep the offer open. The offer is a 63% stake on Take-Two’s closing price over the previous 30 days, and a 64% premium over Take-Two’s [...]
Yahoo’s directors meeting is going on and a decision on part of yahoo is expected soon. Speaking on Microsoft/Yahoo, interviewed by Gavin Esler, with Robert Scoble in San Francisco, on Fri 1st Feb 2008.Copyright BBC,strictly.
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Microsoft has been sniffing around Yahoo for the last 18 months, but the twain could never quite agree on a fair deal in private. Microsoft has made a $44.6bn takeover bid for Yahoo!.
“Today this market is increasingly dominated by one player. Together, Microsoft and Yahoo! can offer a competitive choice while better fulfilling the needs [...]
Microsoft has now revealed that they are acquiring the assets of Seattle based internet company WebFives.
The financial aspects of the deal have not been disclosed by the two parties.
Founder of the company Michael Toutonghi would now join Microsoft. He said about this deal: “I am happy with the outcome.”
WebFives enables the members to share videos, [...]
Cisco has agreed to aquire WebEx, the leading web meetings solution for video conferencing, webinars, online training and remote support, for $3.2 billion in cash. In 2006, WebEx generated nearly $50 million in profit on $380 million in revenue. They have $300 million or so in cash on hand, so the net deal [...]
