Yahoo buys ad firm BlueLithium for $300 million
617050
Yahoo continued its pursuit of online ad rivals with a $300 million purchase of private online advertising firm BlueLithium, the Internet giant announced Wednesday.
380359
Yahoo Inc  said on Monday  it will pay $350 million in a cash and stock deal to acquire  Zimbra, makers of &quot;open source&quot; e-mail and collaboration  software that is an alternative to Microsoft Outlook.
548907
Musicmatch Inc., a privately held Rancho Bernardo music software and services firm, is being acquired by Internet giant Yahoo for $160 million in cash.
733475
InfoWorld - Microsoft has offered to buy Yahoo for $44.6 billion -- but how did a company that started so small come to be worth so much? That's a story that began in the early days of the World Wide Web, when people were struggling to keep track of the new world of multimedia it offered them.
501875
(InfoWorld) - Yahoo has acquired a stake in Indian Internet advertising company Tyroo MediaÂ to help it capture more of the country's fast-growing online ad market. Yahoo acquired between 35 percent and 50 percent of Tyroo for an undisclosed amount of money, said George Zacharias, managing director of Yahoo India, in a telephone interview Wednesday. Tyroo, based in Gurgaon, places advertisements on a network of about 1,200 Web sites. Its service is suitable for smaller businesses, allowing them to design graphic or text-based ads and choose Web sites that will bring them a targeted audience, said Harish Bahl, CEO of Smile Interactive Technologies Group, of which Tyroo is a part. The advertisers do not need to have their own Web sites -- which small Indian businesses often do not have -- since buyers can contact them via e-mail or SMS (short messaging service), he said. Yahoo started its search-based advertising business in India about eight months ago and so far has a few thousand small advertisers, Zacharias said. There are millions of potential advertisers in India, which all the search companies and advertising networks are chasing, he added. The deal with Tyroo will allow Yahoo to grow its business with third-party publishers in India while it prepares to bring its revamped advertising system,Â code-named Panama, into the country, along with technology itÂ acquired from Right Media, Zacharias said. Yahoo announced in April that it would buy the remainder of Right Media, an online exchange where advertisers and publishers can buy and sell display advertising on Web sites. The relationship with Tyroo will continue after the Panama and Right Media technologies are introduced to India, Zacharias said. The companies will also integrate their back-end systems so that advertisers on Yahoo and Tyroo can access to each other's networks, Bahl said. The companies will remain independent, however, he added. The news comes a day afterÂ Yahoo reportedÂ disappointing financial results for its second quarter. Net income declined to $161 million, or $0.11 per share, down slightly from $164 million, or $0.11 per share, for the same period in 2006. Yahoo net income fell year-over-year in a quarter that saw Yahoo leadership change hands amid criticism that the company failed to capitalize on the explosive growth of the search-engine advertising market. Revenue excluding traffic acquisition costs was $1.2 billion. The company lowered its earnings guidance for the current quarter.
471094
The acquisition supplies Web-hosted collaboration and communication suites and broadens Yahoo's markets.
261525
Microsoft Corp. is offering $44.6 billion in cash and stock for search engine operator Yahoo Inc. in a move to boost its competitive edge in the online services market
163335
The deal, for $350 million in cash and stock, is the second sizable acquisition Yahoo has announced this month.
286073
Yahoo Inc  has struck a  deal to buy BlueLithium, the fifth-largest U.S. online ad  network, for $300 million in cash, in the latest move to  consolidate the fast-growing behavioral ad targeting market.
766730
Yahoo has agreed to buy Zimbra, a privately held company whose Web-hosted collaboration and messaging suite is considered a successful example of the SaaS (software as a service) model.
763523
Undeterred by the threat of hostile takeover, slumping Internet pioneer Yahoo Inc. completed an acquisition of its own Tuesday by buying online video service Maven Networks Inc. for $160 million.
506901
Microsoft bids $44.6 billion for Web portal Yahoo!. News, commentary and analysis.
364059
Yahoo Inc. has agreed to buy Zimbra Inc., a privately held company whose Web hosted collaboration and messaging suite is considered a successful example of the software-as-a-service model (SAAS).
731597
(InfoWorld) - Yahoo has agreed to buy Zimbra, a privately held company whose Web-hosted collaboration and messaging suite is considered a successful example of the SaaS (software as a service) model. Yahoo will acquire Zimbra for $350 million in a transaction expected to close in this year's fourth quarter, the companies said Monday. With Zimbra, Yahoo becomes a competitor to Google, Zoho,Â Cisco's WebEx, and others that provide Web-hosted collaboration and communication suites. Zimbra, like other Web-hosted suite providers, is also considered a rival to Microsoft's Microsoft Office suite and Exchange messaging platform. Yahoo is buying Zimbra in part to boost the Yahoo Mail Webmail service and leverage Zimbra's client base in universities, small and medium-size businesses, and ISPs, Yahoo said. In addition to e-mail, Zimbra's suite also includes calendar and contact management components, as well as an open platform that allows third-party developers to create mini-applications called Zimlets for the suite. After the deal closes, Zimbra will become a Yahoo subsidiary.
370654
Microsoft has offered to buy Yahoo for around $44.6 billion in cash and shares, to better compete with Google in the market for online services.The market for online advertising is increasingly dominated by one player, Microsoft said, and merging with Yahoo will allow it to offer a competitive alternative.Microsoft expects the market for online advertising to almost double in size over the next three years, from $40 billion in 2007 to $80 billion by 2010. A merger will allow it to realize economies of scale and reduce capital costs as it addresses this market, it said.&quot;The combination of these two great teams would enable us to jointly deliver a broad range of new experiences to our customers that neither of us would have achieved on our own,&quot; said Ray Ozzie, chief software architect at Microsoft, in a statement.Microsoft expects to cut costs by $1 billion a year by realizing synergies with Yahoo in four areas: obtaining economies of scale as its audience increases; combining its research and development efforts with Yahoo&#39;s to innovate faster; eliminating operational redundancy to cut costs, and pooling expertise to innovate in video and mobile.The companies will work together to develop the merger plan, Microsoft said.It intends to pay key Yahoo engineers and other staff to stay following the merger.The offer represents a 62 percent premium over Yahoo&#39;s closing price on Thursday. Microsoft expects to receive all necessary approvals in the second half of this year.
255020
Yahoo! aims to improve its ad reach by acquiring BlueLithium.
507579
Internet company Yahoo! Inc. said Tuesday it will buy privately held music software company Musicmatch Inc. for about $160 million in a bid to bolster its online music services.