Friday, April 19, 2013

Google Microsoft Bidding War Continues!

Google Microsoft Bidding War Continues!As we all know that Google and Microsoft both went for Yahoo recently. The both big leaders in IT sector is keen to acquire more companies. As the competition is bigger the big deal also goes bigger. Now their Bidding eye turns to Digg the social book marking site. Techcrunch reports that Google, our source says, will likely bid $200-$225 million, which Digg would likely accept.



image from: journals.aol.com

The deal made by Microsoft is lower than that of Google but Microsoft already has 3yrs advertising deal with digg and it also said that the most of the revenue generated from it. This bidding deal story was soon denied by Digg CEO Jay Adelson is calling this post “completely inaccurate”. The interesting thing is that only a few days before Yahoo started the similar Digg site called Yahoo Buzz
. Anyway the bidding war between the big giant IT companies is expecting to get more heat….
Inspired