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Yahoo Japan to Acquire telco eAccess from Softbank for $3.2 Billion

Yahoo Japan today announced to buy Japanese wireless provider telco eAccess from Softbank for $3.2 billion.

Mar 27 2014, 12:56pm CDT | by

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Yahoo Japan to Acquire telco eAccess from Softbank for $3.2 Billion

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Yahoo Japan to Acquire telco eAccess from Softbank for $3.2 Billion

Yahoo is going to acquire another firm. But this time it's a local Japanese acquisition. Yahoo Japan has announced today that it is going to buy the Japanese mobile and broadband provider telco eAccess from its parent wireless provider Softbank in a deal worth $3.2 billion or 324 billion yen.

Yahoo Japan wants to broaden its services for tablets and smartphones with the help of this acquisition. Softbank has bought telco eAccess for $2.6 billion in October 2012.

Yahoo actually launched Yahoo Japan in partnership with Softbank. According to Reuters , Softbank holds 42.5 percent in Yahoo Japan. And Softbank stated in another statement that "it would book a special gain of 55.7 billion yen for the fiscal year ending March 2015."  


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Source: IBTimes UK   Full article at: IBTimes UK 6 days ago, 6:05am CDT


Update: 3

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Source: Business Insider

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Source: Business Insider   Full article at: Business Insider Jul 14 2014, 12:54pm CDT

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Specs Who (From left) Ryan Jamboretz, chief development officer; Scott Ferber, chairman and CEO; Scott Macleod, CFO What Programmatic video ad buying firm Where New York office Programmatic ad buying involves complex math that’s worthy of a migraine. Fortunately, New York-based digital video ad platform Videology lends its data-crunching methods and expertise to clients, which include Yahoo Japan, Publicis Groupe, Havas and WPP. “It gives yo ...
Source: AdWeek   Full article at: AdWeek Jun 12 2014, 5:00am CDT

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<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
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