News
Microsoft reportedly signs nondisclosure agreement to bid for Yahoo
Bnamericas Published: Thursday, November 24, 2011
Microsoft (Nasdaq: MSFT) has signed a nondisclosure agreement with Yahoo to formally position itself as a potential bidder for the financially troubled internet company, international press reported. The agreement allows Microsoft to access Yahoo's books, along with private equity firms Silver Lake, TPG Capital and others. Microsoft has reportedly been in talks with "a number of leveraged buyout firms" for "billions of dollars" in financing as part of a consortium of investors led by Silver Lake and the Canadian Pension Plan Investment Board. In this scenario, Microsoft could expand its current deal with the company beyond its Bing search engine and integrate its recent acquisition, Skype. California-based Yahoo posted a US$293mn net profit in the third quarter of 2011, down 26% compared with the year-ago period. Yahoo's revenues reached US$1.22bn in the quarter, a 24% decline from 3Q10.
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News in: ICT
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Other projects in: ICT
Get critical information about thousands of ICT projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: CloudHQ Paulínia data center (GRU technological campus)
- Current stage:
- Updated:
3 weeks ago
- Project: AWS Data Center Region in Querétaro
- Current stage:
- Updated:
1 month ago
- Project: Google data center in Uruguay (Teros)
- Current stage:
- Updated:
1 month ago
- Project: Norte Conectado Program (Infovia 03)
- Current stage:
- Updated:
1 month ago
- Project: Norte Conectado Program (Infovia 02)
- Current stage:
- Updated:
1 month ago
- Project: New Google datacenter in Argentina
- Current stage:
- Updated:
1 month ago
- Project: Google Cloud Region in Mexico
- Current stage:
- Updated:
1 month ago
- Project: Fiber Optic communications installation - Third phase (IFO III)
- Current stage:
- Updated:
1 month ago
- Project: Espírito Santo fiber optic network (ES-Digital)
- Current stage:
- Updated:
1 month ago
- Project: Cerrillos Data Center
- Current stage:
- Updated:
1 month ago
Other companies in: ICT
Get critical information about thousands of ICT companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Ozônio Telecom Inc. (Ozonio)
- Company: Icom Telecom Serviços de Comunicação Ltda. (Icom Telecom)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: VOCE Telecom (Você Telecom)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: GE Vernova
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The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: HT Cabos e Tecnologia (HT Cabos)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Gulf Marine
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: ADTsys Software S.A. (ADTsys)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: On.Energy (On Energy)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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