Silver Lake and Microsoft expected to bid for stake in Yahoo
A consortium of investors led by the private equity firm Silver Lake and Microsoft is one of several parties that will be submitting a plan to take a minority stake in Yahoo, according to people briefed on the matter.
Oracle to purchase cloud-based software firm
Oracle announced plans Monday to acquire RightNow Technologies, a provider of Web-based customer service software, for $1.43 billion, in a move that will expand the technology giant’s footprint in the cloud.
Microsoft and Google consider bid for Yahoo
As a host of potential bidders circle Yahoo, several of Silicon Valley’s biggest companies are considering whether to jump into the fray themselves.
Fervor roils markets as IPO backlog builds
Companies are lining up to go public. Market conditions are favorable. Investor appetite is strong.
Level 3 pays $3 billion for Internet service provider Global Crossing
More than a decade after the dot-com bust, two fallen Internet stars hope to regain some of their glory with a $3 billion deal that could prompt similar transactions.
Initial public offering possible in 2012 for Zynga
Zynga, the company behind many of the Web’s most viral games, is in advanced discussions on an investment that would value the company at nearly $10 billion and could pave the way for an initial public offering next year.