Microhoo’s over. Really… It’s Dead. Dead as a doornail. Deader than Marley’s ghost. Kauptnick. Nothing to see here. Move along folks. Nothing is on the table anymore and Microhoo is a memory. That’s the word from Ballmer, the talk of dead horses.
“Yahoo for us was always a tactic, not a strategy,” said Microsoft CEO Steve Ballmer at today’s Microsoft annual financial analyst meeting. If the deal had happened, the combined R&D, virtual real estate and search infrastructure might have provided a propellant for Microsoft in its bid to challenge Google. It didn’t and now Microsoft is moving on.
As it stands, Ballmer appears to recognize that Yahoo! is very much weakened, which might have been part of the point in the first place when Microsoft leveled its initial take-over offer. Buying Yahoo! would have cost Microsoft over $40billion, monies the firm now has to invest in a game that Ballmer characterizes as a “two horse race”.
He appears to be content with damaging his competitor if he couldn’t outright take them. The two horses Ballmer refers to are Google and Microsoft with Yahoo! being either a hobbled horse or a lame duck. And so it goes…
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