I get up this morning to to some breaking news and had to post immediately. THe chatter was picked up on Twitter.
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.
A Leading Industry Analyst , Monkchips states " its all about t economy is going to kick in. its all about the referrals baby. aQuantive has a plan".
Dennis of ZDNET " This is not a done deal. We have speculated that one of the enterprise giants might think ride in as a white knight. After all, Oracle or IBM could use a vendor aligned to cloud computing and would arguably would make better use of Yahoo!'s assets, applying strong fiscal management.
As for me , I think its just one big Ploy by MSFT. Its an opprotunity for them to pull the steak knife and take a jab at Yahoo and Google. Both these companies are not doing well, as their expected earnings have fallen. In addition there has been increases in the TAC (traffic Acquisition Costs).
Stay tuned there is a media Conference call set for 8.30AM