Rumorama: Microsoft & Google To Bid On Digg?
Four companies are rumored to be seriously pursuing the acquisition of Digg - recently, that is, since Digg sales rumors have been around for almost two years. A new source close to the deal says that Digg, which is expected to sell for rather a lot less than the $300 million previous bid by the bank Allen & Co in 2007, is being looked at by both Google and Microsoft.
Google, says the source, will pay up to $225 million, while Microsoft's three-year advertising deal with Digg gives the internet ranking and metrics company more slack to demand a better deal - although chances look slim that Microsoft would ever concede the sale to Google. Add in the two unnamed companies and a bidding war could see Digg's sale price start to climb again.
Google, Microsoft rumored among bidders for Digg [Electronista]
tiny dancer
Posted to Hot Stuff, In the News on 7 March 2008
· Comments (2)
Other stuff like this: bidding, digg, google, microsoft, rumorama
If it ain't broke... cease production. Right?
I'm starting to get worried here. The internet's strength was always it's lone wold mentality. The fact that, while corporate America had a presence here, they didn't run it. With Microsoft and Google buying just about everything, the landscape is getting smaller and smaller.
I'm a lucky visitor!