Microsoft makes £22.5bn bid for Yahoo search engine

[Johnathan]

Microsoft has made a bid of £22.5bn for the search engine, Yahoo.

EXTRACT TAKEN FROM "COMPUTER WEEKLY"


Microsoft said the planned acquisition would create a more competitive company that would be able to provide better choice and innovation for customers and partners. The software giant hopes the acquisition will help it compete with Google in the online advertising market and deliver video and high-value internet content.

The proposed acquisition represents a sizeable chunk of Microsoft's $55bn (£30bn) annual turnover. It could ultimately result in the company shifting its focus from business infrastructure based on Windows to an online search engine and web communities financed by internet advertising.

[nighthawk]

They will not abandon windows, at least not for another 10-20 years.

It's a good thing that someone wants to compete with google, because google has no competition now. I doubt that someone could make better search engine than google, but microsoft together with yahoo could compete with google in some other areas.

[Johnathan]

Hopefully the don't abandon windows any time soon. And if google do have more competition they will have to make something better which will result in something better for us . Anyone heard anything more about the google Phone OS? I haven't heard anything about it in a while and I'm sure it's released or nearly released anyway.

[Johnathan]

Yahoo has rejected a takeover bid worth more than $40bn (£20.5bn) from software giant Microsoft because it is too low.

Read full article here

[webmaster]

And the Yahoo stock climbed +2,3% today after the rejection

[Johnathan]

LOL, I would have taken the offer, who is really going to go higher than that. They are selling up because they're not doing good, so in reality they would be buying a failing company.