Posts Tagged ‘acquisition’
1999 – America Online(AOL) completes the acquisition of Netscape Communications Corporation. The acquisition started in Nov. 24, 1998. The acquisition was a $10 million arrangement in stock and cash.
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Other Day in Tech History items:
- Apple files suit to Microsoft and HP
- Office 97 Small Business Edition is released
- Tim Paterson contacts Microsoft on intent to sell MS-DOS
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1997 – Apple Computer makes the acquisition of NeXT for $427 million. The OpenStep OS will be the base of Mac OS X. Steve Wozniak returns to Apple as an executive committee member. Gil Amelio – with Steve Jobs as his advisor – makes plans to restructure Apple. Finally, Bill Gates publicly states that he is very interested in continuing to work with Apple.
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Other Historical Events in Technology
- Sega releases the last game for the Master System – Bomber Raid
- The 1GHz CMOS is demonstrated for the first time
- EarthLink merges with MindSpring
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2006 – In February 2005, 3 former Paypal employees start a website that lets you upload and share your video. YouTube brought a new idea of putting your creations on the internet. However, it cost a lot of money to run. Therefore, Google stepped in. They purchased the site from the founders for $1.65 billion. Today marks the completion of this acquisition.
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Other Technology History Facts
- New York Times tears down their Walled Garden for Ad- supported content.
- Tim Bernes-Lee launches the first Web Page
- The first Make Money Fast scheme is uploaded to Usenet
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On May 15th, 2008 – Carl Icahn stepped up to the plate and officially announced his bid to proxy Yahoo so he could work with Microsoft on getting a deal out. A couple days prior, Eric Jackson decided to pull his bid for proxy and the rumor started to fly that Carl Icahn was going to take over the fight.
Of course we saw how that went – Icahn got a seat on the Yahoo board, and Yahoo stayed with Yahoo.
Other items of note – ZDTV starts, HP and EDS acquisition and the Ethernet Standard is formed. Of course there is a lot more in the podcast.
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I can see it now – Grampa sits jr on his knee and tells a story of how he was the third partner in the Apple franchise. He then proceeds to tell his sons’ son that he decided it was too risky and pulls out of the company 11 days after it was founded. At the time he was concerned over Jobs and Wozniaks’ work ethic and felt the company would not last – let alone make any money. Guess he should’ve listened to Forrest Gump.
By the way, that person’s name is Ronald Wayne.
In other Tech History, we see the Microsoft – Yahoo bid war heat up as not only Yahoo works deals with Google, but also tries to merge the internet operations with AOL. In the meantime, Microsoft talks with NewsCorp to do a “Joint acquisition”. That, the first SPAM, the DNA database and a whole lot more on todays Quickcast
*This podcast was recorded off the Blue Snowball Mic
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