Yahoo – Internet titan in Past, Sinking ship Today
Yahoo, which was once an Internet titan, the only ruler of the entire Web, after years of mismanagement and underperformance looks like the Sinking Ship with irreparable hole in its side.
In February 2008 Microsoft made $44.6 billion bid for Yahoo. Later Yahoo announced its board of directors’ letter rejecting Microsoft’s hostile bid for the company as “massively undervalued. Now Yahoo’s board wants to sell its core business for $10 billion, and experts say that this price is slightly higher than its current market price.
Yahoo is still one of the biggest technological patent holders having nearly 3000 patents and pending applications. It is obvious that patents are heritage of the former very successful technological giant. If Yahoo made 399 patent applications in 2007, it filed just 66 new applications in 2013. Yahoo will receive fewer and fewer new patents in the coming years.
Yahoo plans to sell patents most probably initiating new Patent War (similar to Oracle vs. Google).
I think any company which acquire this huge sinking ship will follow to the same destiny. This would be a classic case of two wrongs trying to make a right.
Yahoo is unloading 3,000 patents, and it will be a fire sale
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Microsoft’s $44.6 billion bid for Yahoo