Ballmer: We are not interested in Yahoo anymore
section: microsoft, for your questions: KezNews forum, 7.11.2008
Tip: Click here to update all your PC's outdated driversMicrosoft CEO Steve Ballmer said the software giant has no intention of making a new offer for Yahoo–even though the Internet company is on sale relative to its first offer.
Speaking at a Committee for Economic Development of Australia (CEDA) lunch in Sydney today, Ballmer said: “Look, we made an offer, we made another offer. It was clear that Yahoo didn’t want to sell the business to us, and we moved on.”
After a brief recap of the Microsoft-Yahoo saga, Ballmer said:
“We are not interested in going back and re-looking at an acquisition,” he said. “I don’t know why they would be either, frankly.”
Was Ballmer just being cheeky with a bunch of Australian developers? Perhaps. At the Gartner Symposium ITxpo last month, Ballmer said a deal still made sense, but there was nothing on the table. Microsoft’s PR machine stamped out the fire Ballmer started later in the day.
Meanwhile, the Google-Yahoo ad deal–the thing that permanently put any Microsoft partnership on ice–has fallen apart. Yahoo CEO Jerry Yang was pummeled in reviews of his Web 2.0 Summit keynote. Regarding Microsoft, Yang said a merger still could make sense at the right price.
The problem today is that Yang is delusional about the right price, but I doubt he’ll be an obstacle forever. Ballmer is pretending he’s not interested in Yahoo because if he even thinks about a deal his target gets a smidge more expensive.
Update: The reaction to Ballmer’s comments was swift. Yahoo shares fell almost 15 percent in the early going.
source:
blogs.zdnet.com
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Comments(3)
haha too bad yahoo you missed out on some serious cash when you were sinking! you aren't
worth 1 billion let alone 50 bil that you wanted. ms should invest the cash in the xbox
360 and its future consoles
or maybe develop a decent os.
they already have the best two os's in vista and xp and an even better one on it's way
- 7. what they need is better search. i guess you are a mac fashion boy or linux typist.
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does anyone yahoo anymore?
By Big Dickson on 08.11.2008 - 09:11