there have been many e-commerce deals which have left the whole world stunned and also benefited the company acquiring the assets of the another by proliferating its business and market value and the top eCommerce Deals that have created a huge impact on Magento development.
Look into:http://www.elsner.com/top-6-biggest-ecommerce-deals-of-all-time-till-date/
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Top 6 biggest e commerce deals of all time till date
1. Top 6 Biggest eCommerce Deals of all Time Till Date
In the past, there have been many e-commerce deals which have left the
whole world stunned and also benefited the company acquiring the assets of
the another by proliferating its business and market value.
Let’s have a look at the top 6 Biggest eCommerce Deals that have created a
huge impact on Magento e-commerce development.
● Google’s Acquisition of YouTube for $1.65 Billion
The first deal that created a great impact on Magento development was the
acquisition of YouTube by Google for $1.65 billion in October 2006. This deal
eventually led the market value of Google to be increased by 2 billion$ and it
also made Google, the king of both search and video.
● Google Acquired Android for $50 Million
2. Google’s another smart move was the acquisition of Android in August 2005
for $50 million. Everyone knows the value of Android in the world of
smartphones today. Google profits from mobile ads displayed on Android
phones though it doesn’t charge for the operating system. Google executives
recently said that mobile ads are now a $1 billion annual business for Google.
● eBay Acquired Paypal for $1.5 Billion
Paypal, the platform for online payment systems supporting online money
transfers was acquired by eBay, the e-commerce website for $1.5 billion in
2002. Paypal brought huge revenues for eBay at that time so it was a
compulsion for eBay to acquire it at such a huge amount. Magento
eCommerce development was led to a new direction in the development of
e-commerce sites after this acquisition.
● Yahoo! acquired Overture for $1.63 Billion
Yahoo bolstered its position in the market of web search advertising against
the strong rivals such as Google and Microsoft by acquiring Overture for $1.63
billion in July 2003. This deal allowed Yahoo to expand its
pay-for-performance search business.
● Google Acquired Applied Semantics for $102 Million
Google was able to give birth to Adsense because it gained the technology to
scan web pages and serve contextual ads to the customer after the deal of
acquiring Applied Semantics for $102 million.
● Microsoft Acquired Hotmail for $400 Million
Hotmail pioneered the Web-mail and served its customers by offering strong
mail services which could be accessed through any computer using the
internet. On 31st December 1997, Microsoft acquired Hotmail for 400$ million
and it was one of the biggest deals of that time. Microsoft announced that
3. Hotmail will become an important component of The Microsoft Network of
online communication and information services which includes sites for news,
travel, investment etc.
Thus, these were the top 6 biggest e-commerce deals that played a huge role
in transforming Magento development.