Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Yahoo! Inc. (Nasdaq: YHOO)
have entered into a definitive agreement under which Verizon will acquire
Yahoo's operating business for approximately $4.83 billion in cash, subject
to customary closing adjustments.
Yahoo informs, connects and entertains a global audience of more than 1
billion monthly active users** -- including 600 million monthly active mobile
users*** through its search, communications and digital content products.
Yahoo also connects advertisers with target audiences through a streamlined
advertising technology stack that combines the power of their data, content
Lowell McAdam, Verizon Chairman and CEO, said: "Just over a year ago we
acquired AOL to enhance our strategy of providing a cross-screen connection
for consumers, creators and advertisers. The acquisition of Yahoo will put ... (more)
Venture Capital on Ulitzer
There’s a deathwatch being kept at the bedside of the skeletal remains of
Verari Systems, some paid, some not.
Unable to meet payroll, the blade-cum-storage and container boutique has
fired almost all of its reportedly ~225-strong staff including co-founder and
CTO David Driggers – 125 of them can currently be found at a
VerariAlumni.com networking site that one of them set up – and the
remaining management has posted a “State of the Business” message on the
company’s homepage saying it’s restructuring.
It reads, “Verari has initiated a process that wil... (more)
Mergers & Acquisitions on Ulitzer
Oracle has told Reuters that the New York Post story Friday claiming it had
offered the European Commission a deal on MySQL is a bunch of baloney.
The Post, quoting two unidentified sources, said Oracle proposed to
“quarantine” MySQL inside a combined Oracle-Sun to get the European
Commission to approve its $7.4 billion acquisition of Sun ahead of a hearing
in Brussels Thursday.
It said MySQL would be treated as a “separate entity” with a
“firewall” between the open source database unit and the rest of Oracle
and could even involve a separate boa... (more)
DALLAS, Aug. 21, 2014 /PRNewswire-iReach/ -- Amid the proliferation of real
time data from sources such as mobile devices, web, social media, sensors,
log files and transactional applications, Big Data has found a host of
vertical market applications, ranging from fraud detection to R&D.
Photo - http://photos.prnewswire.com/prnh/20140821/138541
"Big Data Market: 2014 – 2020 – Opportunities, Challenges, Strategies,
Industry Verticals & Forecasts"
In 2014 Big Data vendors will pocket nearly $30 Billion from hardware,
software and professional services revenues Big Dat... (more)
MOUNTAIN VIEW, California, April 14 /PRNewswire/ --
- Combination Will Significantly Expand Opportunities for Advertisers,
Agencies and Publishers and Improve Users' Online Experience
Google Inc. (NASDAQ: GOOG) announced today a definitive agreement to acquire
DoubleClick Inc., a global leader in digital marketing technology and
services, for US$3.1 billion in cash from San Francisco-based private equity
firm Hellman & Friedman along with JMI Equity and management. The acquisition
will combine DoubleClick's expertise in ad management technology for media
buyers and sellers with G... (more)
There are reports that Yahoo has put Zimbra on the block. Honestly, this came
as no surprise at all to us at Zoho.
I remember scratching my head when the acquisition was made; I didn't see how
an enterprise/business focused open source offering like Zimbra fit with
Yahoo, as a technology, as a business or strategically. Zimbra is an open
source installable product offering primarily intended to be installed within
medium to large organizations. Yahoo has never made an installed product in
its history and is mainly focused on consumers, with an occasional foray to
sell those consu... (more)