Tag archive: Silver Lake

The Wall Street Journal reports (subscription required) that Yahoo's board of directors is exploring a plan that would have the struggling Internet company raise cash by selling off its coveted Asian assets in a deal that could total up to $17 or $18 billion. According to the story, the complex plan would have Yahoo selling its entire stake in Yahoo Japan to Japan's Softbank, and selling the a large chunk of its stake in… Read More

The maneuvering to take control of Yahoo is now underway: according to Bloomberg, private equity firm Silver Lake Partners, in conjunction with Microsoft, the Canada Pension Plan Investment Board, and venture capital firm Andreesson Horowitz have reportedly made a bid to acquire as much as 15 percent of Yahoo for some $16.60 a share, a value about 6 percent higher than Yahoo's stock price at the close of markets on Tuesday. In all, the… Read More

Yahoo’s future hangs in the balance, as the company attempts to figure out what it does, what it’s going to do, and who is going to be its CEO. Now add to the mix takeover rumors, and we’re imaging some pretty long nights for the Yahoo board. The company is valued at about $20 billion on the public marketing, which is a significant investment but far below what Yahoo was formerly worth. Here are the players speculated to be weighing an… Read More

A group of investment firms including Kohlberg Kravis Roberts (KKR), Silver Lake and Technology Crossover Ventures have reportedly acquired the Go Daddy Group. The domain name registrar is possibly the largest in the world with close to 9.4 million customers paying subscription fees, and almost 48 million domain names being managed. According to the New York Times, the financial terms weren't disclosed but sources say the buyers are… Read More

Telecommunications equipment maker Avaya is planning an initial public offering to raise approximated $1 billion, according to the Wall Street Journal (subscription required). The company has been aggressively pursuing its telecommunications and unified digital communications platforms that handle everything from instant messaging to voice mail, video conferencing, and email for medium-to-large size enterprises. However, the global economic… Read More

Rumors may have pointed toward a Google or Facebook buyout, but Microsoft announced today that it has definitively agreed to purchase Skype for $8.5 billion in cash (we learned about this last night). The buyout has been approved by both companies. The Redmond software giant claims that it will continue to support Skype on non-Microsoft platforms, but is quick to point out that “Microsoft devices like Xbox and Kinect, Windows Phone, and a… Read More

it's been a long time coming, but online auction giant Ebay has inked a deal (PDF) to sell of 65 percent of its VoIP operation Skype for $1.9 billion in cash. The buyers are a group of technology investment houses led by Silver Lake, with investors including Andreesen Horowitz (a new venture capital firm from Netscape co-founder Marc Andreessen), Index Ventures, and the Canada Pension Plan Investment Board. The deal values Skype at… Read More

  Following persistent rumors the company might be for sale, telecom equipment maker Avaya announced today it is being acquired by private equity firms Silver Lake and TPG Capital for some $8.2 billion. “After an extensive review of Avaya's strategic alternatives with Avaya management and our financial advisors, the board of directors of Avaya determined that this transaction with Silver Lake and TPG provides the best value… Read More