Feeds

Silver! Lake! Digital! Sky! also! in! Yahoo! play!

Jack Ma lining up partners

Bridging the IT gap between rising business demands and ageing tools

With Alibaba chief Jack Ma’s interest in Yahoo! already on the record, it now seems that the owner of the Chinese online giant is considering a partnership for its bid.

According to this Bloomberg piece in Business Week, the potential partners – private equity outfit Silver Lake and Russian Internet company Digital Sky, in addition to Alibaba – have made contact with Yahoo!, but talks are at a very early stage. The three companies have not yet decided whether they will make a bid.

As is noted by a Hong Kong-based analyst, a joint Chinese-Russian bid for Yahoo! would almost certainly attract regulatory attention in the US. The Bloomberg piece identifies both national security and tax issues as being likely to come under scrutiny if a Silver Lake-Alibaba-Digital Sky bid is launched.

The struggling Yahoo! recently dumped its CEO in its umpteenth strategy to reignite growth.

Silver Lake has been named as a potential Yahoo! suitor since at least 2010, but so far has never proceeded with a bid.

Bloomberg says Yahoo! is fielding bids from multiple parties, citing an internal memo it has obtained. The company’s advisers, the memo says, “are fielding inquiries from multiple parties that have already expressed interest in a number of potential options”. ®

The Power of One Brief: Top reasons to choose HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple ran off to IBM
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.