Microsoft may be considering a bid for troubled search and content giant Yahoo, a new Reuters report has stated.
The report says Microsoft is now considering a bid alongside a number of other companies, although it is unknown how much these companies are willing to pay. Yahoo currently has a market capitalisation of about $US20 billion.
Sources have indicated these companies include Providence Equity Partners, Silver Lake Partners, along with Alibaba.
If Microsoft were to combine its Bing search business with Yahoo, it would grant the company a significant boost in its market share and may help in its fight against Google.
However, despite the rumours, All Things Digital has claimed Microsoft is only considering a bid and no formal proceedings have been made at all.
ABOUT THE AUTHOR
COMMENTS
SmartCompany is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while it is being reviewed, but we’re working as fast as we can to keep the conversation rolling.
The SmartCompany comment section is members-only content. Please subscribe to leave a comment.
The SmartCompany comment section is members-only content. Please login to leave a comment.