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Friday, 25 January 2013

15 Largest Internet Acquisitions Ever

History of any civilization will explain the passion of the great Emperors and the kings for conquering new nations and extending their country’s limit.


Kings and cavalries can be no more found in this planet but the rivalry in the history still exists.


Well, now it’s the rivalry of leadership in the Internet Market and here is the list of the biggest internet buyouts in history till date, as reported by Reggie Ugwu from Complex.com. Keep an eye for the biggest acquisition of the dot com industry.



15. Oracle buys ATG
Sale Price: $1 Billion
Year: 2010


ATG (Art Technology Group), an independent Internet technology company that built the online stores of giants like BestBuy and Tommy Hilfiger. It was co-founded by Jeet Singh and Joseph Chung, both graduates of MIT in the year 1991. Till 2009, ATG was a leading company in eCommerce software and on-demand optimization applications but in 2010, the veteran systems giant Oracle handed over $1 billion in order to bring ATG and its customers into the fold.




14.  AOL buys MapQuest
Sale Price: $1.1 Billion

Year: 1999


MapQuest is an American free online web mapping service founded in 1967 as Cartographic Services in Chicago, Illinois. In 1994, it became an independent company and was renamed as GeoSystems. Later, in 1999, AOL acquired MapQuest with an outstanding amount of $ 1.1 billion.


13. Microsoft buys Fast Search & Transfer
Sale Price: $1.2 Billion

Year: 2008


Fast Search & Transfer (FAST), a Norwegian company based in Oslo. FAST focuses on data search technologies. It had offices located in Germany, Italy, Sri Lanka, France, Japan, the United Kingdom, the United States, Brazil, Mexico and other countries around the world. The company was founded in 1997.


On April 24, 2008, the operating system legend Microsoft closed its acquisition of FAST. FAST is now known as Microsoft Development Center Norway. Sale price was $1.2 billion.




12. Amazon buys Zappos
Sale Price: $1.2 Billion

Year: 2009


Zappos has grown to be the largest online shoe store since its founding in 1999 as “ShoeSite.com”.  After a few month of its launch, the name was changed from “ShoeSite” to “Zappos”. Since 1999 to 2009, Zappos was the leading online store for shoes and also had extended their reach to all kinds of clothing and accessories.


In the year 2009, Amazon announced that it had acquired its younger competitor for $1.2 billion in an all-stock deal.


11. eBay buys PayPal
Sale Price: $1.5 Billion

Year: 2002


PayPal is a global e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders.


After the acquisition, Meg Whitman, President and CEO of eBay said, "eBay and PayPal have complementary missions. We both empower people to buy and sell online. Together we can improve the user experience and make online trading more compelling, " as quoted by CNN.




10. Yahoo buys Overture Services Inc.
Sale Price: $1.63 Billion

Year: 2003


GoTo.com was an Idealab spin off and was the first company to successfully provide a pay-for-placement search service. On October 8, 2001, GoTo.com, Inc. renamed itself Overture Services, Inc.


In 2003, Overture was acquired by its biggest customer, Yahoo!, for $1.63 billion. The old brand name of Overture has now been phased out as Yahoo! re-brands many of its products under the Yahoo! name. The exception to this is in Japan and Korea where the local businesses continue to use the Overture brand.


9. Google buys YouTube
Sale Price: $1.65 Billion
Year: 2006


YouTube, the most popular and the largest video-sharing website on which users can upload, view and share videos was created by three former PayPal employees in February 2005. The company is based in San Bruno, California, created.


In the year 2006, Google acquired YouTube at a sale price of $ 1.65 billion. Detractors questioned whether YouTube, already facing legal battles from both movie and music studios, was worth the cash.




8. eBay buys Skype
Sale Price: $2.6 Billion

Year: 2005


Skype was first released in 2003 written by Estonian developers Ahti Heinla, Priit Kasesalu, and Jaan Tallinn, who had also originally developed Kazaa.


eBay was ahead of the game when it acquired Skype in 2005 for a surprising $2.6 billion. By 2009, the VoIP and video calling service was making appearances on ‘Oprah’ and ‘Who Wants to be a Millionaire’. That same year, eBay sold a majority stake in the company to an investment consortium at a profit. In 2011, Skype was sold again to Microsoft for a whopping $8.5 billion.


7. Google buys Double Click
Sale Price: $3.1 Billion

Year: 2008


DoubleClick was founded as one of the earliest known Application Service Provider (ASP) for internet "ad-serving", primarily banner ads.


In 2008, the Google ponied up $3.1 billion to further its dominance of the online ad realm with the acquisition of DoubleClick - an ad-serving firm with a powerful client list. The price was reportedly driven upward by a bidding war with Microsoft.








6. Cisco Systems buys WebEx
Sale Price: $3.2 Billion

Year: 2007


WebEx was founded in 1996 under the name “ActiveTouch” by Subrah Iyar and Min Zhu.  Specializing in online collaboration software for the enterprise market, WebEx received a juicy buyout from Cisco Systems in 2007. At a whopping $3.2 billion, the sale represented a bit of re-focusing for Cisco, known primarily for its offline products.


5. Yahoo buys Geo Cities
Sale Price: $3.6 Billion

Year: 1999


GeoCities was originally founded by David Bohnett and John Rezner in late 1994 as Beverly Hills Internet (BHI), and by 1999 GeoCities was the third-most visited Web site on the World Wide Web. In its original form, site users selected a "city" in which to place their Web pages.


On 28th January, 1999, internet search engine Yahoo! Inc. confirmed that it will buy GeoCities in a $3.6 billion deal that will further solidify Yahoo's position as a frontrunner in the online popularity contest.




4. AOL bys Netscape
Sale Price: $4.2 Billion

Year: 1998


Netscape Communications (formerly known as Netscape Communications Corporation and commonly known as Netscape) is a US computer services company, best known for Netscape Navigator, its web browser. When it was an independent company, its headquarters were in Mountain View, California.


On the 24th November, 1998 AOL acquired Netspace at the cost of $ 4.2 billion.


3. Yahoo buys Broadcast.com
Sale Price: $5.7 Billion

Year: 2001


Broadcast.com was originally founded as the “Cameron Broadcast Systems” after its founder's first name ‘Cameron Christopher Jaeb’. The original idea, a hand-held shortwave radio that would receive broadcasts inside a sports venue, morphed into a hand-held device that would receive customized satellite broadcasts.


In April 1999, Yahoo! acquired the company for $5.7 billion (or over $10000 per user) in stock and renamed it Yahoo! Broadcast Solutions. As of October 2012, neither broadcast.com nor broadcast.yahoo.com was distinct web addresses; both simply redirected to yahoo.com.




2. Microsoft buys aQuantive
Sale Price: $6 Billion

Year: 2007


Founded in 1997, aQuantive was the parent company of a group of three digital marketing service and technology companies: Avenue A/Razorfish, Atlas Solutions, and DRIVE Performance Solutions.  It was ranked 14th in terms of revenue among advertising agencies worldwide in 2005.

On May 18, 2007, Microsoft announced that it would acquire the company for $US 6 billion, the largest acquisition in Microsoft's history until its 2011 purchase of Skype. The acquisition closed on August 10, 2007. aQuantive became part of Microsoft's newly-created Advertiser and Publisher Solutions (APS) Group.


1. Oracle buys Peoplesoft
Sale Price: $10.3 Billion

Year: 2004


Founded in 1987 by Ken Morris, PeopleSoft, Inc. was a company that provided Human Resource Management Systems (HRMS), Financial Management Solutions (FMS), Supply Chain Management (SCM) and customer relationship management (CRM), Enterprise Performance Management software (EPM), as well as software solutions for manufacturing, enterprise performance management, and student administration to large corporations, governments, and organizations.


In the recent year, 2004, Oracle took over Peoplesoft with an outstanding amount of $ 10.3 billion.


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