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Yelp Eyes Future IPO

It’s official: Yelp has now turned away more suitors than Penelope, the long-suffering wife of Odysseus.

In December, the blogosphere reeled at the announcement that Google was stepping-up to buy restaurant-review site for a cool $500 million. Not bad for Yelp, considering it brief history as a startup, nor for Google, considering its botched [...]

February 22nd, 2010 | Tags: , , | Category: finance, m&a, search, social media, startups | Leave a comment

Yelp Is Now In Play

Yelp’s board has rejected Google’s buyout offer of $500 million, citing its need to follow its fiduciary duty. This almost surely means that Yelp has received interest from another quarter.

December 21st, 2009 | Tags: , , | Category: content, m&a, social media | One comment

Google To Buy Yelp for At Least $500 Million

Google, which has been on a buying spree for the past year, is in advanced talks to purchase Yelp for at least $500 million.

This is a smart move for Google in many ways. It had tried to usurp the world of local reviews earlier this year with its Place Pages– mini-sites that would [...]

December 18th, 2009 | Tags: , , , , | Category: m&a, search, social media | Leave a comment

Facebook Valuation Jumps 42% to $9.5 Billion

It may be a far cry from the $15 billion valuation it received three years ago from Microsoft, but Facebook has jumped to a new valuation of $9.5 billion. While this represents a downgrade since the highs of 2006, it is a considerable win for the social networking behemoth, which saw its valuation [...]

November 19th, 2009 | Tags: | Category: m&a, social media, startups | Leave a comment

Adobe Buys Omniture for $1.8 Billion

Adobe, the venerable producer of such applications as Photoshop, Illustrator, and InDesign, announced today that it is acquiring Omniture for $1.8 billion.

September 15th, 2009 | Tags: , | Category: m&a, media | , | Category: m&a, media | .8 Billion">Leave a comment
 
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