Yahoo! News
7 articles
Yahoo to buy 25% stake in Taboola, inks 30-year advertising deal
Yahoo Inc. will acquire a 25% stake in Taboola Inc. as part of a 30-year commercial agreement. Taboola will provide native advertising and content on all of Yahoos internet sites, and in exchange, Yahoo will receive 24.99% of Taboolas shares. The partnership is expected to generate $1 billion in annual revenue by 2025. The deal is set to close in the first quarter of 2023. Taboolas stock has slumped over 60% since its SPAC merger last year. The partnership aims to boost Taboolas revenue, EBITDA, and free cash flow. Yahoo will become Taboolas largest single shareholder and gain a seat on its board of directors.
Partners
Yahoo! expanding Israel R&D centers under new head
Yahoo has appointed Neetai Eshel as the managing director of its Israeli R&D centers. Eshel will expand the companys operations in Israel and strengthen its sales relationships with Israeli advertisers. Yahoo has been operating in Israel for nearly two decades and has made acquisitions of Israeli tech startups. In 2021, Apollo Global Management acquired Verizon Media and renamed it Yahoo. The company is currently recruiting for various positions in its Israeli centers.
Management ChangesExpand
Verizon buys Yahoo for $4.83 billion
Verizon is acquiring Yahoos core business for $4.83 billion in cash, including Yahoos advertising, content, search, and mobile activities. The acquisition does not include Yahoos stakes in Alibaba and Yahoo Japan, which are worth tens of billions of dollars. Yahoo will be integrated with AOL, and Verizon plans to merge the two companies to form a bigger advertising and media subsidiary. Verizon aims to compete with Google and Facebook in the online advertising space. The deal is expected to close in Q1 2017. The acquisition poses challenges for Verizon in terms of integrating the two teams and turning Yahoo into a profitable company.
Acquisition
Yahoo! opens first startup accelerator globally in Israel
Yahoo has partnered with venture capital fund Entree Capital to open its first-ever startup accelerator in Israel. The accelerator, called SigmaLabs, will focus on early stage companies in the big data, video, fintech, and native advertising sectors. The program will begin in September and will be located in the Ramat Gan Diamond Exchange district. Yahoo does not invest in startups, so the partnership with Entree Capital will bring knowhow and experience to the accelerator. Other partners involved include Microsoft, EMC, Aleph VC fund, and lool Ventures. Graduate startups from the program are expected to contribute to subsequent classes and can choose to contribute equity back to the accelerator. Financial incentives, such as convertible notes, are also available to startups that meet certain criteria.
Partners
Yahoo Acquires Ad Startup ClarityRay
Israel-based ad startup ClarityRay has been acquired by Yahoo. The acquisition will help Yahoo improve security capabilities and make advertising more reliable and profitable for partners. ClarityRays focus has shifted from ad blocking to ad security and fraud detection. The terms of the deal and the extent to which Yahoo will use ClarityRays technology have not been disclosed. Yahoo has been actively acquiring companies under the leadership of CEO Marissa Mayer.
Partners
Yahoo acquires video-streaming co RayV
Yahoo has acquired Israeli video-streaming start-up RayV. Most of the RayV team will join Yahoos R&D team based in Tel Aviv. RayV has developed software to improve high-definition video streaming over the web and to mobile devices. It has raised more than $40 million from investors.
Acquisition
Yahoo! opens R&D center in Israel, inks deal with Walla! - VC Cafe
Yahoo! is opening an R&D center in Haifa and entering the content business through an agreement with Walla!, the second largest Israeli portal. Walla! will use Yahoos search technology while keeping its own brand, and Yahoo will receive a share of the ad revenue. This move is seen as a potential effort to challenge Googles market domination in search and advertising. The Israeli Internet advertising market has grown significantly, and Yahoos deal represents a positive sign for the M&A of Israeli internet startups.
PartnersCustomers