Speaking of the acquired business, Yahoo spent a great amount of capital on acquisitions. As we all known, Yahoo acquired several companies with over-high offers. Their business was a mess even afterthe acquisition.
Talking about this, it might remind the public of the acquisition of Tumblr that Yahoo offered higher prices than its valuation. In 2013, Yahoo acquired Tumblr at $1.1 billion. Now, Yahoo claimed to make the write-downs of its capital. Yahoo implied the well-known for time blog platform is declining. It has little chance for Tumblr to revive.
Besides, the Tumblr acquisition is not the worst merged deal judeged by the acquired value scale in Yahoo history. There are Top 4 worst acquistions that Yahoo made.
Broadcast.com
It could be counted as No 1 worst acquisition made by Yahoo. It spent $5.7 billion to acquired this online content company. However, it shut down the Broadcast.com business a few years later. It was such an unsucessful deal. Broadcast.com former boss Mark Cuban became a billionaire and purchased a NBA team.
GeoCities
It spent $3.6 billion to acquire personal homepage service site GeoCities. GeoCities allowed the newbies to create their webpages on it. Unfortunately, this website is almost shut down by Yahoo now.
Overture
Overture was company dealt with search engine business. Yahoo acquired it at $1.63 billion in 2003 for exploring the search engine business. However, Google search beat it down.
Right Media
Right Media is a social networking media company. Yahoo spent $ 850 million to acquire in 2007 in the hope of making more profit for advertising business in social networking field. This acquisition also came as a failure.