Wednesday, November 26, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Twitter Tracks Apps Installed On Your Device, Introduces Offers
Ubisoft Apologizes For Assassin's Creed Unity Issues, Offers Free Game
Europe Wants Right-to-be Forgotten to Go Globally
Far Cry 4 Game Available For Free With Purchase of 840 EVO SSD
UK Music Industry Seeks For New Tax on CD Copying
Samsung's DeepSort Sorting Engine Prevails In Benchmarks
Sony Plans E-Paper Watch: report
HP Reports Fiscal 2014 Full-Year and Fourth Quarter Results
Active Discussions
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
 Home > News > General Computing > Gates: ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, May 08, 2008
Gates: Microsoft won't pursue other partnerships


Microsoft won't be pursuing tie-ups or takeovers to replace its failed Yahoo bid, Bill Gates said in Tokyo on Wednesday.

Gates said "Microsoft had put a lot of effort into talking to Yahoo."

Referencing comments made by Steve Ballmer, Gates said that "now at this point, Microsoft is focused on its independent strategy."

Microsoft spent three months courting Yahoo but dropped its pursuit on Saturday after the two sides failed to reach agreement on a takeover price. Microsoft had initially offered US$31 per share and raised it to US$33 per share to try and entice Yahoo but the search engine operator held out for $37 per share.

After final negotiations late last week Ballmer signaled to Yahoo CEO Jerry Yang that it was throwing in the towel.

"We continue to believe that our proposed acquisition made sense for Microsoft, Yahoo and the market as a whole. Our goal in pursuing a combination with Yahoo was to provide greater choice and innovation in the marketplace and create real value for our respective stockholders and employees," said Steve Ballmer in a statement distributed early Saturday evening.

Next day Yang, facing pressure from shareholders, signaled that Yahoo is still open to an offer from Microsoft or another company as long as the company is not "undervalued."

"We've always felt the Yahoo platform has been undervalued or underappreciated by the marketplace,' he told.

Gates was speaking in Tokyo and announced two programs from Microsoft Japan. One promotes Windows Media Center and the other will provide Microsoft's software development tools at no charge to student developers.


Previous
Next
Researcher Gives Sony's XEL-1 TV a Lifetime of Just 17,000 Hours        All News        Blu-ray Eyes China Market
McAfee: Stealth Adware Hiding in MP3s     General Computing News      Windows XP SP3 Available for Download

Get RSS feed Easy Print E-Mail this Message

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .