Yahoo bid for Dailymotion?

dailymotionYahoo is in talks to acquire control of  Dailymotion through a buy of the 75 per cent owned by Orange, reports the WSJ. It puts the video portals value at about $300 million.

France Telecom-Orange acquired Dailymotion for $170 million through a two-phase deal, with the most recent transaction closing in January.

Dailymotion, basically a YouTube clone, is the No. 12 ranked online video Web property in the world, according to comScore. It has 116 million unique monthly visitors and more than 2 billion videos viewed.

Posted by on Mar 20 2013. Filed under Articles, Business, M&A.

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