Check Out 15 Shocking Tech Mergers That Could Have Happened But Never Did.By bobricky 11:20 Wed, 28 Oct 2015 Comments
Mergers and acquisitions are not a new thing in the business aspects of technology. Companies buy other companies all the time. Sometimes, to great gain and other times, the result is appalling loss.
One thing that most people donâ€™t realize is that big Internet giants like Facebook and Google were also once smaller companies that were almost bought over or offered to be sold to bigger companies at the time.
Here are 15 surprising mergers/acquisitions in tech that could have happened but never did.
In 2008, Microsoft tried to buy Yahoo for $44.6 billion but Yahoo declined the offer. Today, Yahoo is valued at around $43 billion.
In 2010, Google tried to buy Groupon for $6 billion. Groupon declined the offer and is valued at $5 billion today.
Yahoo tried to buy Facebook for $1 billion in 2006. Facebook declined and is valued at around $245 billion today.
Facebook approached Twitter in an attempt to buy it for $500 million in 2008. Twitter declined and is valued at around $23 billion today.
In 2008, Google tried to acquire Digg for $200 million. Digg refused but was later acquired by Betaworks for just $500,000.
In 2003, Google tried to acquire Friendster for $30 million. The offer was declined and Friendster, after being acquired for $26.4 million, is now defunct.
Google tried to acquire Qwiki for $150 million in 2010. The offer was refused, with Qwiki being acquired later on for $50 million. The company is now defunct.
Facebook tried to acquire Snap-chat for $3 billion in 2013. Snap-chat declined the offer and is valued at around $16 billion today.
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