Top 10 Most Expensive Yahoo Acquisition
Let’s see the top 10 most expensive yahoo acquisition. Yahoo! is a public corporation and its headquarters is located in Sunnyvale, California. It was founded by Stanford University graduate students Jerry Yang and David Filo in 1994. As of October 2007, the global network of Yahoo! receives 3.4 billion page views per day on average, making it one of the most visited US websites. Yahoo!’s first acquisition was the purchase of Net Controls, a web search engine company, in September 1997 for US$1.4 million. As of October 2010, Yahoo! has acquired 62 companies.
10. Inktomi Corporation – $235,000,000
Inktomi Corporation was a California company that provided software for Internet service providers. The company was initially founded based on the real-world success of the search engine they developed at the university. After the bursting of the dot-com bubble, Inktomi was one of the most expensive yahoo acquisition.
9. BlueLithium – $300,000,000
BlueLithium as the most expensive yahoo acquisition is an online advertising network, founded by Gurbaksh Chahal in January 2004. Its service is intended to join behavioral targeting with advanced data analytics to improve campaign optimization over a global advertising network. On September 4, 2007, Yahoo! announced the acquisition of BlueLithium for $300 million. BlueLithium is now known as Yahoo! Advertising.
8. Zimbra – $350,000,000
Zimbra Collaboration Suite (ZCS) is a groupware product created by Zimbra, Inc. This most expensive yahoo acquisition located in Palo Alto, California, USA. The company was purchased by Yahoo! in September 2007,and subsequently acquired by VMware on January 12, 2010. According to former Zimbra President and CTO Scott Dietzen, the name for Zimbra is derived from the song “I Zimbra” by Talking Heads.
7. eGroups – $432,000,000
eGroups.com was an email list management web site. The site allowed users to create their own mailing lists and allowed others to sign up for membership on the list. It was the most expensive yahoo acquisition and became part of Yahoo! Groups. In August 2000 with 18 million users, the company was purchased by Yahoo! for $413m in a stock deal and became Yahoo! Groups.
6. Hotjobs.com – $436,000,000
Yahoo! HotJobs, formerly known as hotjobs.com, was an online job search engine. It was acquired by Yahoo! in 2002, but was then acquired by Monster Worldwide, owner of its major competitor Monster.com in 2010. HotJobs was later shut down and merged into Monster.com. As the most expensive yahoo acquisition, Yahoo! purchased the company through an unsolicited bid in 2002, for $436 million, undercutting efforts by Monster Worldwide, owners of Monster.com, to acquire the company.
5. Kelkoo – $579,000,000
The website Kelkoo is a European price comparison service founded in France in 1999, allowing customers to find information on products they want to purchase, including price and seller information. It was the most expensive yahoo acquisition in 2004. On 21 November 2008, Yahoo! sold Kelkoo to Jamplant, a private equity company.
4. Right Media – $680,000,000
Right Media, Inc. is an online advertising company that operates the Right Media Exchange (RMX) and one of the most expensive yahoo acquisition, a marketplace that enables advertisers, publishers, and ad networks to trade digital media. Technology providers develop services for the Exchange via APIs. Since the Yahoo! acquisition, Remix Media has been integrated with Yahoo!’s offerings to small businesses. On 30 April 2007, Yahoo! announced the acquisition of Right Media.
3. Overture Services, Inc. – $1,630,000,000
Yahoo! Search Marketing is a keyword-based “Pay per click” or “Sponsored search” Internet advertising service provided by Yahoo!. Yahoo began offering this service after acquiring Overture Services, Inc. (formerly GoTo.com). In 2003, Overture was acquired by its biggest customer, Yahoo!, for $1.63 billion. The old brand name of this most expensive yahoo acquisition has now been phased out as Yahoo! re-brands many of its products under the Yahoo! name.
2. GeoCities – $3,600,000,000
GeoCities at the second of the most expensive yahoo acquisition was originally founded by David Bohnett and John Rezner in late 1994 as Beverly Hills Internet (BHI). In its original form, site users selected a “city” in which to place their web pages. In January 1999, near the peak of the dot-com bubble, GeoCities was purchased by Yahoo! for $3.57 billion in stock, with Yahoo! taking control on May 28. The acquisition proved extremely unpopular; users began to leave en masse in protest at the new terms of service put out by Yahoo! for GeoCities.
1. Broadcast.com – $5,700,000,000
Broadcast.com was an Internet radio company founded as AudioNet in September 1995 by Chris Jaeb. Todd Wagner and Mark Cuban later led the organization and eventually sold to Yahoo.com. In April 1999, Yahoo! acquired the company for $5.7 billion in stock and renamed it Yahoo! Broadcast Solutions. Over the next few years Yahoo! split the services previously offered by Broadcast.com into separate services, Yahoo! Launchcast for music and Yahoo! Platinum for video entertainment. This the top of the most expensive yahoo acquisition.