A MSFT/YHOO reality check from Kurt Cagle, who, effective yesterday, is a Burton Group colleague :) . See the full post for Kurt's take on Microsoft's Yahoo! offer.
Merger-mania is in full swing of late, which is rather astonishing given the current credit market problems. Oracle finally managed after months of trying to snare business services provider BEA, and Sun’s purchase of mySQL was both hailed as a master-stroke and derided as a last gasp hope by a fading giant to bolster its database claims. Today the announcement hit the fan that Microsoft had made a $45 billion dollar bid for Yahoo, something that’s made Wall Street happy but that has people in Silicon Valley scratching their heads.