OMG! Yahoo Got Acquired..Shocking

Early morning came as a shock to everyone when the news started flowing about Yahoo! acquisition.


Yahoo got acquired


Verizon Communications Inc. has announced that it has agreed to pay $4.8 Billion (INR 32,160 Crore) to acquire a long struggling beleaguered Internet company Yahoo Inc. as reported by Wall Street Journal.

This deal has included Yahoo’s core Internet business & some real estate. Yahoo once has market capitalization of more than $125B (~INR 840,000 Crore) when ‘Dot-Com’ business was at peak.

We all learned using Internet one way or another using one of Yahoo’s product like Yahoo Messenger. So it’s quite emotional time for us.

Yahoo which is a pioneer of Web in Silicon Valley has seen a down road since past few years & many of its acquisitions have seen dust (eg. Flikr, Tumblr among others).

In 2013, Yahoo acquired Tumble for nearly $1.1 Billion (INR 6,700 Crore) but wrote off $230 Million (INR 1,541 Crore) of it’s value. Recently their service has also been down many times like Yahoo mail etc.




Yahoo’s CEO Marissa Mayer stands to get more than $50M compensation if she is terminated due to acquisition/merger.

We hope you like the above story about Yahoo acquisition.

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