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Verizon is preparing to announce its acquisition of Yahoo in exchange for $ 5 billion July 24, 2016 , Ahmed Antar business news
Verizon is preparing to announce its acquisition of Yahoo Inc. in exchange for a deal worth $ 5 billion, in spite of the failure to complete the requirements , but after that he is expected to be announced on Monday, according to a report published technical Recode site.
The move will help Verizon to transition and transformation into something more than just a company introduction of mobile telecommunications services, and comes after the company last year bought AOL Inc. AOL in exchange for $ 4.4 billion.
The terms of the deal are not clear yet, including whether the Verizon deal include some or all of the patents, assets and properties Yahoo, which diminished the monetary value.
Not be regarded as a great financial value of the deal, so when taking into account other deals has previously value such as the Facebook purchase of service Instant Watts in August compared to $ 22 billion, and the Microsoft recently to pay $ 26.2 billion to meet the buy – to – LinkedIn service, where the numbers transactions those times the value of Yahoo deal.
Yahoo Inc. owns many services are still strongly needed by users such as weather, news and sports platform and share photos and videos Flickr, and social blogging platform Tumblr Tumblr.
It is not clear yet what Verizon is planning to do, so that they can keep things on the current status and management of the company as a subsidiary company, or may be attached in full under the cloak of Verizon.
And he worked Marissa Mayer, CEO of Yahoo since she took office on acquisitions and the purchase of small businesses and the trend toward mobile phone technology, and focused on mobile applications of the services Yahoo.
It seems that Verizon does not want to keep the Marissa Mayer, where he is expected to assume the leadership of Yahoo’s Tim Armstrong and CEO of AOL president.Viewing:-93
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