According to Wired there is a rumor that Google has bought Plaxo for about $200 Million.
If this is true, I hope it gets integrated with Google Apps, specifically GMail. I’ve used Plaxo fo years, and think it is an amazing service.
Tag Archives: acquisition
Will Google or MySpace Buy Bebo?
Rumor is that either Google or MySpace could be looking to buy social network Bebo. Word is the deal could be anywhere between $1 and $1.5 billion.
If MySpace were to buy Bebo, it could still be a win for Google as both MySpace and Bebo use Google’s OpenSocial platform. Bebo however also supports the competing Facebook platform. Chances are either way the Facebook support would get the axe.
Of course, if Google were to end up buying Bebo it could help strengthen Google’s Orkut and maybe help it to catch on more in the US. Of course, anywhere Google can stick it’s ads will be beneficial to the company.
Microsoft Wants To Buy Yahoo
The biggest news to come out yesterday is that Microsoft wants to buy Yahoo. Microsoft wants Yahoo so bad, they’ve offered $44.6 Billion which is about #31 per share. No doubt, this could be good news for Yahoo which is already set to lay off about 1000 employees.
I find it amazing that Microsoft actually made this bid. Even if the shareholders for the companies agree to this, I cannot see anyway that the US and EU anti-trust lawyers would allow this. Huge company acquiring another huge company. Yeah, that has anti-trust written all over it. I’d expect Google to voice concerns.
Here are some additional articles that cover the news: Continue reading
Oracle Buys A Company, Too
Sun Microsystems isn’t the only one spending money to purchase another company today. Oracle is buying BEA Systems Inc. for $8.5 Billion.
Source: AP
MySQL Sold For $1 Billion
Sun Microsystems will spend $1,000,000,000 ($1 Billion) to buy the open source database MySQL. According to C|Net, the deal includes about $800 Million in cash to purchase the privately held stock, and about $200 Million to pick up the remaining options. As C|Net points out, there is a fairly interesting twist to all of this. Sun Microsystems has partenered with Oracle and sells support services for PostgreSQL. Both Oracle and PostgreSQL are in direct competition with MySQL. Sun says that they will continue the relationship they have with both companies.