7:18 AM
Diana D'Cruz
Here it is official; Yahoo! announced that it has
acquired Tumblr for $ 1.1 billion as it had been leaked. Marissa Mayer, CEO of
Yahoo!, even left a message on Tumblr for the news...
Tumblr should indeed fall into the hands of Yahoo. Multiple
sources indicate that the deal is in the bag, even if the site of blogging
seems he tried to raise the stakes at the last moment.
For less than a billion is well known, has nothing. This
is why the acquisition of Yahoo by Tumblr will cost the search engine 1.1
billion (!), A staggering sum for the common man, but confirms its status
minimum in Silicon Valley, after acquisition of Instagram by Facebook. The
deal stipulates that the CEO David Karp, who will pocket a few million in the
process, will remain at Yahoo for at least four years, and retain control of
Tumblr, like Kevin Systrom to Instagram. To start, Yahoo will only post
headbands pub on the network of blogs. The search engine also gains a huge
community of young users.
It is today that Marissa Mayer, the CEO of Yahoo, should
the news and gives more information on what the company intends to develop
around his new acquisition.
Posted in: Business
