Microsoft to bid $44.6 billion to take over Yahoo

Microsoft in its ever made boldest bid of $ 44.6 Billion is aiming for Yahoo to beat their competitor Google. As I have mentioned earlier Google has attracted around 58% of the total search market in US, whereas both Microsoft and Yahoo could'nt go more than 40%.




Yahoo is the most visited site on the World Wide Web. Founded in 1994 by Stanford Ph.D. students David Filo and Jerry Yang, Yahoo began as a hobby and has evolved into a leading global brand. The company is headquartered in Sunnyvale, California, with a presence in more than 20 markets and regions around the globe. Even Yahoo has acquired many companies starting from Four 11 to recent Right Media's acquisition. There are also speculations that they are aiming at popular social networking site MySpace. The Q4 2007 results state that there was a 20% growth in marketing sector this fiscal year.

Yahoo in its official statement disclosed that they would take quiet a bit of time to review Microsoft’s agreement in which they would look Yahoo as an individual company.