Tuesday, July 26, 2016

It’s official: Yahoo was bought by Verizon – Digital Age

 Yahoo!

corridor noises were already running for a while but it is now official:. Verizon has acquired Yahoo

The news is not so surprising as that. Already last week, we told you of the possibility that Yahoo! is acquired by Verizon. Well this is now done! Turning the page for Internet services company that has had some great years … The telecoms operator, which has already bought AOL last year to $ 4.4 billion , is proud owner of the American company.

the negotiations for the resale of the group already had since the end of 2015, but well over. Indeed, yesterday we learned that Verizon acquired for $ 4.8 billion, or 4.3 billion euros . A nice sum nonetheless. As for the other potential buyers, they were warned Saturday of the decision of the group.

Yahoo! can go head high! Indeed, created in 1995, it has managed to attract a billion users every month on its sites and applications, thanks to its services multitudes, its news or entertainment. If Verizon has made this purchase, it is not because he had money to spend. He has the desire to make merging AOL and Yahoo! to expand its processing in the digital to deliver targeted advertising and compete with Facebook and Google.

In the agreement made between the two parties, it is stated that Verizon also recover the real estate assets of the group . The current shareholders will retain their 15% stake in Alibaba and 35% in Yahoo! Japan, which now has to find a new identity. As for the patent portfolio, will be sold separately of this agreement. All these investments embodied a major part of the market capitalization of $ 38 billion Yahoo! …

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