Linked by Thom Holwerda on Sun 4th May 2008 07:19 UTC, submitted by sonic2000gr
Microsoft Earlier this year, Microsoft offered to purchase search engine company Yahoo, however, the board of directors of Yahoo shot the offer down beause it 'massively' undervalued the company. This ignited an acquisition dance that took a few months, and rumours were abound as to what either of the two would do next.
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RE: CORRECTION
by google_ninja on Mon 5th May 2008 00:26 UTC in reply to "CORRECTION"
google_ninja
Member since:
2006-02-05

Honestly, their bid was WAY more then Yahoo is worth. The thing is that yahoo has a very distinct and unique corporate culture, which is probably why it was refused.


This is nothing but a negotiation tactic. Ballmer wants Yahoo (Lord knows why?) and like it or not, Ballmer's gonna get Yahoo.


He wants yahoo because yahoo owns almost as much of the web as google does (which, incidentaly is probably why google isn't trying to buy them. Last thing they want is monopoly status).

MS has had a puzzling internet strategy. They (correctly) identified the importance of web control before almost anyone else did, however they have not really been able to land a solid strategy for competition.

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