website statistics

Yahoo has sealed the deal to acquire Tumblr for a whopping $1.1 billion. Tumblr will continue to be an independent entity.
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...

We have been hearing for a while that Yahoo was in the process of trying to finalize an acquisition deal with Tumblr. It now seems that the deal has finalized and Yahoo has bagged the social media giant for $1.1 billion. The company promises that it would not ‘screw up’ Tumblr as a result of the acquisition.


Marissa Mayer

Acquisition are a tricky thing. They often tend to make successful products wildly popular and yet, at some instances, they turn a very popular product into an entire failure. In the past, Yahoo has failed with several acquisition, which is the reason why many had been highly skeptic of Yahoo’s acquisition of Tumblr.

The acquisition has cost Yahoo $1.1 billion in cash, which is rather huge for a company not doing very good on profits. Despite the acquisition, David Karp will continue to be the CEO of Tumblr. According to Yahoo, “Tumblr will be independently operated as a separate business. The product, service and brand will continue to be defined and developed separately with the same Tumblr irreverence, wit, and commitment to empower creators.”

One of the key reasons why many are critical of the acquisition is that Yahoo has a wide range of web portals. And the company tends to intermingle them, which is the reason why it has failed at many recent choices.

However, under the leadership of Marrisa Mayer, this is Yahoo’s biggest acquisition. And Mayer has promised that her company won’t screw it up. Let’s hope that turns out to be the case.

Courtesy: Forbes

Buy Cheapest Related Product From Amazon.com


Mother Fights For Miracle Son With Half A Brain

Playing Dots Can Make You Smarter
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On May 20, 2013(3 years, 2 months ago.)

You May Also Like:

What Do You Think?

Leave a Reply




Loading Facebook Comments ...

FTC Disclosure: Some of the links of this website are "affiliate links." This means if you click on the link and purchase the item, we will receive an affiliate commission.


Recent Search

Recent Tutorials

Pokemon Go users are complaining about the crashing and server issues. Check out the tutorial to solve error problems and thanks us later.
Turning off Wi-Fi Assist is a great way to save mobile data since it automatically starts using cellular data when Wi-Fi signal is poor .
If you want to secure your SIM card from others using it, then check out this tutorial to know how to set up the SIM Pin code on your iPhone.
CiderTV is a great alternative to control Apple TV from the Notification Center. Check out this tutorial to set up CiderTV on your iPhone.
Are you annoyed by the split screen mode on the iPhone 6 Plus or 6s Plus? Check out this quick tutorial to turn off split screen feature.
If you could not wait to installed the iOS 10 beta version on you iPhone and now struggling for the errors, then this tutorial is for you.
Siri might not understand the question you asked. But you can use Siri by editing the text that you asked & it will give an updated answer.
Perhaps, you are new Apple user and you might have no idea how to change name of your iPhone. Check out this tutorial to change the name.
Check out this tutorial to lock Android phone using PIN code, Password or Pattern. Following the easy steps, you can secure your smartphone.
If you could not figure out yet, how to save and send GIF from your iPhone, then this tutorial is just for you.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook