yahoo – A News Week

SoftBank Corp declared today that it has agreed to converge with Z Holdings (the SoftBank auxiliary some time ago known as Yahoo Japan) and Line Corp, in a move they expectation will better position them against contenders. The merger, which was first announced by Nikkei a week ago, is required to be finished in October 2020. SoftBank and Naver, the proprietor of Line, will each hold half of another holding company that will work Line and Z Holdings. By joining together, SoftBank and Naver trust that they will better position search entry Yahoo Japan, Line's informing application and their different businesses to contend with rivals from the United States and China. In its declaration, SoftBank said "in the Internet market, overseas companies, especially those based in the United States ...

Even though AT&T could have initiated this project from the ground, this would mean spearing down some bolts mainly on the IP addresses and nearly 400 to 500 engineers. Also, this would thereby exclude the existence of a new business to the already existing company. According to AT&T, it stated that “as an investment company, we will and shall continue to build on and invest in AppNexus’ technology foundation as the company is side by side integrated with AT&T first and third party data, content and premium video distribution.” AT&T continued saying that, “innovation is the strongest core to the heritage of both companies i.e. AT&T and AppNexus, and also we are excited to have an opportunity to future chart advertising course together,” said Brian O’Kelly the CEO ...

Tag: yahoo

Yahoo Japan and Line Corp affirm merger agreement

AT&T Confirms Acquisition of AppNexus, for Reportedly Between $1.6B and $2B