Welcome!

Weblogic Authors: Yeshim Deniz, Elizabeth White, Michael Meiner, Michael Bushong, Avi Rosenthal

Related Topics: Cognitive Computing

Cognitive Computing : Article

Microsoft-Yahoo! - Microsoft Fails To Make Up Its Mind What To Do Next

Ballmer's suggestion last week that Microsoft might walk away from the deal isn't being taken literally

Despite meeting yesterday, the Microsoft Board of Directors - according to the Wall St. Journal - has not decided whether its $31 a share offer for Yahoo!, which has fallen in value to $29 a share in line with a fall in Microsoft's own stock value, should be hoisted to $33 a share in an attempt to keep alive Redmond's two-year pursuit of the Silicon Valley based search giant.

Steve Ballmer (pictured) was talking about perhaps walking away from the whole deal last week, though not many commentators took it literally.

The LA Times reports this morning:
"Much of the decision on whether to press forward resides with Ballmer. A growing number of Microsoft executives are urging him to find other ways to bolster the company's online business. Even top executives don't know which path Ballmer will choose, one person said."
And the New York Post notes:

"Yahoo! has remained firm that Ballmer's original $31 a share cash and stock offer, which is now valued at $29.06, substantially undervalues the company. The two sides had made progress on some terms of a merger about 11 days ago at a meeting in Portland, Ore., but the talks did not include negotiations on the price of a transaction, sources familiar with the situation said.

Those talks ended abruptly when the Microsoft camp, including Ballmer, became steamed after one of Yahoo!'s advisers mentioned that the company was worth $40 a share - or about $14 billion more than Microsoft's offer, source said."

According to a transcript of remarks made by Microsoft finance chief Chris Liddell  to employees, and filed by the company with the Securities and Exchange Commission, the curent options being considered in Redmond include going directly to Yahoo! shareholders or "to walk away and go back to our original organic strategy" -- i.e. competing with Google through its own homegrown technology.

The Seattle Post-Intelligencer has this to say:
"Some analysts think Microsoft ultimately will complete the deal. Matt Rosoff, analyst at Kirkland-based research firm Directions on Microsoft, said the company probably will end up paying a couple of dollars more per share than its original offer. Alternatively, he said, the company may drop its offer temporarily and try to revive it later. 

The standoff between the companies is unusual in part because it's happening publicly, not behind the scenes. Typically, Rosoff explained, these kinds of negotiations 'go on well before an announcement is made.'"

More Stories By Search News Desk

SYS-CON Media's Search Developer's Journal (search.sys-con.com), is the first and only global publication to present the hottest timely topics on the merging search engine companies, search optimization and search engine marketing industry, and all related articles, feature and news stories for search technology professionals.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


IoT & Smart Cities Stories
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
All in Mobile is a place where we continually maximize their impact by fostering understanding, empathy, insights, creativity and joy. They believe that a truly useful and desirable mobile app doesn't need the brightest idea or the most advanced technology. A great product begins with understanding people. It's easy to think that customers will love your app, but can you justify it? They make sure your final app is something that users truly want and need. The only way to do this is by ...
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
The challenges of aggregating data from consumer-oriented devices, such as wearable technologies and smart thermostats, are fairly well-understood. However, there are a new set of challenges for IoT devices that generate megabytes or gigabytes of data per second. Certainly, the infrastructure will have to change, as those volumes of data will likely overwhelm the available bandwidth for aggregating the data into a central repository. Ochandarena discusses a whole new way to think about your next...
Cell networks have the advantage of long-range communications, reaching an estimated 90% of the world. But cell networks such as 2G, 3G and LTE consume lots of power and were designed for connecting people. They are not optimized for low- or battery-powered devices or for IoT applications with infrequently transmitted data. Cell IoT modules that support narrow-band IoT and 4G cell networks will enable cell connectivity, device management, and app enablement for low-power wide-area network IoT. B...
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...