Yahoo Buys Video Service Maven Networks for $160 Million USD

zekrahminator · Feb 14, 2008

Whilst Microsoft is in the middle of what The Inquirer calls a "hostile takeover" of Yahoo, Yahoo decided to buy a company of their own. Maven Networks recently accepted a $160 million offer to be bought out by Yahoo. It is very likely that this move was to increase the value of Yahoo. It should be noted that Yahoo was in talks with Maven long before the whole Microsoft-buying-Yahoo debacle. As part of the acquisition, Yahoo gets some fine deals with CBS Sports, Gannett, News Corp, Hearst and Sony Pictures. Yahoo will not lay off any of Maven's 70 employees, despite laying off nearly 1,000 of their own. Another large benefit to Yahoo acquiring Maven will be the sudden boost of places where Yahoo can shove their advertisements, further increasing revenue. Whether or not this is enough to fend off the "hostile takeover", we'll have to wait and see.

View at TechPowerUp Main Site

imperialreign · Feb 14, 2008

movie quote: "Can't anybody see that this is the last act of a desperate man?!"

I get the feeling Yahoo! just shot themselves in the foot. I'm sure the shareholders aren't happy, either.

AddSub · Feb 14, 2008

This is a stock booster, a temporary stop-gap measure, nothing more. They've been doing this for the last 4-5 years, ever since Terry Semel took over. Acquiring randomly and often small-to-mid size corporations in order to project a false sense of progress and financial stability is not a smart strategy long term, especially for a corporation like Yahoo which really has limited sources of income (advertising mostly). Last year, just before Terry stepped down, they tried diversifying a bit, ala Google, but that went nowhere fast. They don’t have the money or brains as compared to Google or Microsoft.

Yahoo execs sat on their asses for years collecting all that advertising revenue until they realized Google, MSN, and other European and Asian alternatives were slowly devouring their piece of the pie.

Interestingly enough, Google is on the same path as Yahoo. I have no doubt same will happen to Google in few years or so

bassmasta · Feb 14, 2008

google won't die soon. they just make too much money off their advertising. MS doesn't make too much outside of software.

Processor	AMD Athlon 64 X2 4800+ Brisbane @ 2.8GHz (224x12.5, 1.425V)
Motherboard	Gigabyte sumthin-or-another, it's got an nForce 430
Cooling	Dual 120mm case fans front/rear, Arctic Cooling Freezer 64 Pro, Zalman VF-900 on GPU
Memory	2GB G.Skill DDR2 800
Video Card(s)	Sapphire X850XT @ 580/600
Storage	WD 160 GB SATA hard drive.
Display(s)	Hanns G 19" widescreen, 5ms response time, 1440x900
Case	Thermaltake Soprano (black with side window).
Audio Device(s)	Soundblaster Live! 24 bit (paired with X-530 speakers).
Power Supply	ThermalTake 430W TR2
Software	XP Home SP2, can't wait for Vista SP1.

System Name	УльтраФиолет
Processor	Intel Kentsfield Q9650 @ 3.8GHz (4.2GHz highest achieved)
Motherboard	ASUS P5E3 Deluxe/WiFi; X38 NSB, ICH9R SSB
Cooling	Delta V3 block, XPSC res, 120x3 rad, ST 1/2" pump - 10 fans, SYSTRIN HDD cooler, Antec HDD cooler
Memory	Dual channel 8GB OCZ Platinum DDR3 @ 1800MHz @ 7-7-7-20 1T
Video Card(s)	Quadfire: (2) Sapphire HD5970
Storage	(2) WD VelociRaptor 300GB SATA-300; WD 320GB SATA-300; WD 200GB UATA + WD 160GB UATA
Display(s)	Samsung Syncmaster T240 24" (16:10)
Case	Cooler Master Stacker 830
Audio Device(s)	Creative X-Fi Titanium Fatal1ty Pro PCI-E x1
Power Supply	Kingwin Mach1 1200W modular
Software	Windows XP Home SP3; Vista Ultimate x64 SP2
Benchmark Scores	3m06: 20270 here: http://hwbot.org/user.do?userId=12313

System Name	[Primary Workstation]
Processor	Intel Core i7-920 Bloomfield @ 3.8GHz/4.55GHz [24-7/Bench]
Motherboard	EVGA X58 E758-A1 [Tweaked right!]
Cooling	Cooler Master V8 [stock fan + two 133CFM ULTRA KAZE fans]
Memory	12GB [Kingston HyperX]
Video Card(s)	constantly upgrading/downgrading [prefer nVidia]
Storage	constantly upgrading/downgrading [prefer Hitachi/Samsung]
Display(s)	Triple LCD [40 inch primary + 32 & 28 inch auxiliary displays]
Case	Cooler Master Cosmos 1000 [Mesh Mod, CFM Overload]
Audio Device(s)	ASUS Xonar D1 + onboard Realtek ALC889A [Logitech Z-5300 Spk., Niko 650-HP 5.1 Hp., X-Bass Hp.]
Power Supply	Corsair TX950W [aka Reactor]
Software	This and that... [All software 100% legit and paid for, 0% pirated]
Benchmark Scores	Ridiculously good scores!!!

Yahoo Buys Video Service Maven Networks for $160 Million USD

zekrahminator

McLovin

imperialreign

New Member

AddSub

bassmasta

Guest