Wednesday, November 26, 2008

Nokia should buy Yahoo?

It's already known to most people that Yahoo! is in big financial trouble. Even worse, they were tried to be bought by a company (Microsoft) they didn't want to sell themselves to. They successfully fought against that attempt, however, their value was much higher at that time than what it is today. They were even "helped" to survive by a company that they normally call a competitor (Google). But this help didn't last long as Google was afraid of the consequences of a deeper relationship with Yahoo! (i.e. antitrust).


Now Yahoo! has an even bigger problem with much lower valuation. That, among others, inspired telecoms.com to speculate on whether it would be worth for Nokia to buy Yahoo!. Besides the fact that financially it would be a good deal for Nokia, they would even win a very popular brand (especially in the US!) for themselves. And all this along with that Yahoo! is very strong in (web) services would make their position much stronger against Google, Microsoft, Apple and the likes.

Putting aside the negligible fact that there's a world-wide financial crisis lately is this option not worth considering?

Tote

Update: El Reg reported that Nokia CEO Olli-Pekka Kallasvuo had answered this question during MWC 2008 saying 'no' to a possible acquisition of Yahoo!.

2 comments:

Chris said...

Hi Mobile Thoughts,

I left you a comment a while ago hoping you'd be able to email me.

I work on a few mobile phone sites.

My email is chris.hamilton @ boomerang.com.au

Thanks

Gábor Török said...

Hi,

Just check-out your Inbox and look for e-mails sent on 25 Sep. You'll find my response around that date.

Cheers