Here are 10 Major Acquisition by Internet Company
Enormity of online business has made a map of the business world is changing. Not a few of the companies acquired or change ownership. This time I will summarize a number of companies that are bought by the internet giants.
Here's the list .
1. Washington Post. On August 2013, the owner of Amazon.com, Jeff Bezos bought Washington Post worth 250 million U.S. dollars. Washington Post is a major newspaper in the United States which were made since 1877.
2. Tumblr. In May of 2013 , Yahoo has disbursed funds worth 1.1 billion U.S. dollars to buy Tumblr. Yahoo's needs this blogging service to strengthen its traffic.
3. Instagram. Facebook bought photo sharing service, Instagram, in April 2012 and worth $ 1 billion Us dollars. Instagram has many users and Facebook felt important to buy Instagram as a step to strengthening the dominance of the internet .
4. Motorola. This mobile phone maker company was taken over by Google in May 2011. Purchase value reached 12.5 billion U.S. dollars. Motorola is deemed important by Google for Android development.
5. GSI Commerce. Ebay bought GSI commerce in March 2011. Purchases valued at 2.4 billion U.S. dollars to strengthen services and e-commerce technology. GSI Commerce has now changed its name to eBay Entreprise.
6. Zappos. Amazon reinforce dominance in the online retail sector by acquiring Zappos approximately 928 million U.S. dollars in July 2009.
7. Youtube. Google bought YouTube in October 2006 for 1.6 billion U.S. dollars. Youtube is now the No. 1 video site on the internet.
8. Paypal. Ebay bought PayPal in 2002 with a value of 1.5 billion U.S. dollars. Paypal is now the best online payment site.
9. Time Warner. AOL bought Time Warner in 2000 at a price of 164 billion U.S. dollars. Though now AOL has released its stake in Time Warner, but it is still listed as one of the largest acquisition in history.
10. Geocities. One of the major purchases ever made is purchasing Geocities with worth 3.6 billion U.S. dollars in 1999. Geocities which was established in 1994 is currently has " late " in the United States, Canada, and Europe, but still exist in Japan.