M&A Deal Summary

Yahoo! Acquires Maktoob.com

On February 26, 2010, Yahoo! acquired internet software and services company Maktoob.com from Tiger Global Management for 164M USD

Acquisition Highlights
  • This is Yahoo!’s 35th transaction in the Internet Software and Services sector.
  • This is Yahoo!’s 16th largest (disclosed) transaction.
  • This is Yahoo!’s 1st transaction in Jordan.

M&A Deal Summary
Date 2010-02-26
Target Maktoob.com
Sector Internet Software and Services
Buyer(s) Yahoo!
Sellers(s) Tiger Global Management
Deal Type Divestiture
Deal Value 164M USD

Target

Maktoob.com

Amman, Jordan
website
Maktoob is a internet portal in the Arab world, providing a variety of online services to millions of users, including the most visited Arabic-language auction facility (souq.com), the first Arabic-language search engine (Araby.com), an interactive TV joint venture with MBC (Maktoob TV), the largest Arabic matrimonial website (Bentelhalal.com), the leading online Arab sports community (Sport4ever.com), with Arabic and English web-based email and chat rooms.

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Buyer(S) 1

Buyer

Yahoo!

Sunnyvale, California, United States

website

Category Company
Founded 1994
Sector Internet Software and Services
Employees9,400
Revenue 5.0B USD (2015)
DESCRIPTION
Entrance to Yahoo's corporate campus in Sunnyvale, California.
Entrance to Yahoo's corporate campus in Sunnyvale, California.

Yahoo! is a provider of internet search tools, content, and communication services. The Company was formed in 1994 and is based in Sunnyvale, California.

DEAL STATS #
Overall 56 of 116
Sector (Internet Software and Services) 35 of 64
Type (Divestiture) 1 of 3
Country (Jordan) 1 of 1
Year (2010) 1 of 5
Size (of disclosed) 16 of 34
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-12 Zimbra

Sunnyvale, California, United States

Zimbra, Inc. is a messaging and collaboration solution provider.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-17 Citizen Sports

San Francisco, California, United States

Citizen Sports, a company that brings the world of sports to fans' favorite social networking sites and mobile devices through innovative applications. This acquisition will strengthen Yahoo!'s social strategy of enriching, aggregating and distributing social content from across the entire Web, and offering a highly customizable social experience.

Buy -

Seller(S) 1

SELLER

Tiger Global Management

New York, New York, United States
Category Company
Founded 2001
Sector Financial Services
DESCRIPTION

Tiger Global Management LLC is a hedge fund company it invests in the public equity markets across the globe.

DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 2
Type (Divestiture) 1 of 1
Country (Jordan) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-31 Maktoob.com

Amman, Jordan

Maktoob is a internet portal in the Arab world, providing a variety of online services to millions of users, including the most visited Arabic-language auction facility (souq.com), the first Arabic-language search engine (Araby.com), an interactive TV joint venture with MBC (Maktoob TV), the largest Arabic matrimonial website (Bentelhalal.com), the leading online Arab sports community (Sport4ever.com), with Arabic and English web-based email and chat rooms.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-24 idealista

Madrid, Spain

idealista is an online real estate marketplace that supports approximately 40,000 real estate agents and 38 million unique monthly visitors across Southern Europe, by providing an online real estate classifieds marketplace for home buyers and sellers. idealista was formed in 2000 and is based in Madrid, Spain.

Sell -
Mergr

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