Paid Content says it’s official: Yahoo! Acquires Rivals.com for est. $100M.
Like Scout.com, Rivals.com is a sports community site. Scout.com was bought for $60M in August 2005 by News Corp.
If history repeats itself, and it always does, and things come in three’s, then maybe this means that Yahoo! will next buy:
- a social network: Bebo or Facebook anyone?
- a gaming/tech site: CNET anyone?
Technically, News Corp. first bought social network MySpace (then Scout.com) and closed the trifecta with gaming site IGN.
But you get the idea.
Tags: Internet & Web, M&A, Yahoo!|
Posted By: Ashkan Karbasfrooshan | Jun 20th
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June 21st, 2007 at 2:05 pm
[…] long run? Will the company get enough muscles to challenge Google again? Whats the game plan? At HipMojo Ashkan Karbasfrooshan’s makes a metaphor to Scout.com that News Corp bought in August 2005: […]