I know Yahoo declined the recent Microsoft deal but what if Microsoft would sweeten the deal and yahoo excepts it, would the Yahoo brand die? I mean look Yahoo has a line-up of dedicated services like mail, messenger and now even Flickr with a host of users and with a merger how would they keep the loyal fanbase?
Yahoo Japan is to buy Japanese telco eAccess from wireless provider Softbank in a deal worth $3.2 billion, it said today. Softbank itself acquired eAccess back in October 2012, in a share swap deal valued at around $2.6 billion. Yahoo Japan is a joint venture between Yahoo and Softbank. Reuters notes that Softbank owns a stake of around 42.5% in Yahoo Japan.
We now have more details about the deal between Yahoo and Tomfoolery, an enterprise app studio co-founded by ex-Yahoo and ex-AOL alums, which we and others have reported is getting acquired by Yahoo.
According to a source close to the deal, the acquisition has indeed now closed, and Yahoo will officially announce it as soon as this evening or tomorrow morning.