Design World

  • Home
  • Technologies
    • ELECTRONICS • ELECTRICAL
    • Fastening • joining
    • FLUID POWER
    • LINEAR MOTION
    • MOTION CONTROL
    • SENSORS
    • TEST & MEASUREMENT
    • Factory automation
    • Warehouse automation
    • DIGITAL TRANSFORMATION
  • Learn
    • Tech Toolboxes
    • Learning center
    • eBooks • Tech Tips
    • Podcasts
    • Videos
    • Webinars • general engineering
    • Webinars • Automated warehousing
    • Voices
  • LEAP Awards
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
    • 2021 Winners
  • Design Guides
  • Resources
    • Subscribe
    • 3D Cad Models
      • PARTsolutions
      • TraceParts
    • Digital Issues
      • Design World
      • EE World
    • Educational Assets
    • Engineering diversity
    • Trends
  • Supplier Listings
  • Advertise
  • Subscribe

EU Approves Verizon’s Yahoo Acquisition But Questions About Deal’s Fate Still Remain

By Diana Goovaerts | December 22, 2016

The European Commission on Wednesday gave its nod of approval to Verizon’s proposed acquisition of Yahoo even as questions about the deal’s fate continue to swirl in the wake of recent data breaches at the Internet company.

EU regulators said a review of the proposed merger found the acquisitions “would not raise any competition concerns given the companies’ moderate market positions” and the “presence of a number of strong players providing such services.” The Commission also indicated it analyzed concerns around a potential concentration of data as a result of the transaction, but determined “a large amount of such user data will continue to be available on the market” after the deal has closed.

The decision came a day before the December 22 deadline set by the Commission for releasing a verdict.

However, the news comes amid questions around whether Verizon will even want to follow through on the deal after back-to-back revelations of massive data breaches at the troubled Internet giant in recent years.

Back in September, Yahoo said it discovered evidence that the user information of more than 500 million accounts was compromised back in 2014. Earlier this month, the company followed up with the disclosure of a larger, earlier breach of data related to more than one billion user accounts in 2013. Yahoo said at the time it believed the incidents were “likely distinct” from one another.

Though Verizon has been tight-lipped about its Yahoo plans following the revelations – saying only it will “evaluate the situation” and “review the impact” of new developments before making any final decisions – speculation has swirled that Verizon might ask for discount or back out of the deal entirely.

But Verizon CEO Lowell McAdam has attempted to dismiss the rumors of a renegotiated deal price as “total speculation,” and just before the second hack was revealed AOL CEO Tim Armstrong told Fortune he was “cautiously optimistic” the Yahoo deal would go through.

With or without EU approval, it remains to be seen whether or not Armstrong and McAdam will hold to those positions in light of the damage to Yahoo’s reputation done by the most recent disclosure.

You Might Also Like


Filed Under: Industry regulations + certifications

 

LEARNING CENTER

Design World Learning Center
“dw
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, tools and strategies for Design Engineering Professionals.
Motor University

Design World Digital Edition

cover

Browse the most current issue of Design World and back issues in an easy to use high quality format. Clip, share and download with the leading design engineering magazine today.

EDABoard the Forum for Electronics

Top global problem solving EE forum covering Microcontrollers, DSP, Networking, Analog and Digital Design, RF, Power Electronics, PCB Routing and much more

EDABoard: Forum for electronics

Sponsored Content

  • Widening the scope for machine tool designers with FORTiS™ enclosed encoder
  • Sustainability, Innovation and Safety, Central to Our Approach
  • Why off-highway is the sweet spot for AC electrification technology
  • Looking to 2025: Past Success Guides Future Achievements
  • North American Companies Seek Stronger Ties with Italian OEMs
  • Adapt and Evolve
View More >>
Engineering Exchange

The Engineering Exchange is a global educational networking community for engineers.

Connect, share, and learn today »

Design World
  • About us
  • Contact
  • Manage your Design World Subscription
  • Subscribe
  • Design World Digital Network
  • Control Engineering
  • Consulting-Specifying Engineer
  • Plant Engineering
  • Engineering White Papers
  • Leap Awards

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search Design World

  • Home
  • Technologies
    • ELECTRONICS • ELECTRICAL
    • Fastening • joining
    • FLUID POWER
    • LINEAR MOTION
    • MOTION CONTROL
    • SENSORS
    • TEST & MEASUREMENT
    • Factory automation
    • Warehouse automation
    • DIGITAL TRANSFORMATION
  • Learn
    • Tech Toolboxes
    • Learning center
    • eBooks • Tech Tips
    • Podcasts
    • Videos
    • Webinars • general engineering
    • Webinars • Automated warehousing
    • Voices
  • LEAP Awards
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
    • 2021 Winners
  • Design Guides
  • Resources
    • Subscribe
    • 3D Cad Models
      • PARTsolutions
      • TraceParts
    • Digital Issues
      • Design World
      • EE World
    • Educational Assets
    • Engineering diversity
    • Trends
  • Supplier Listings
  • Advertise
  • Subscribe
We use cookies to personalize content and ads, to provide social media features, and to analyze our traffic. We share information about your use of our site with our social media, advertising, and analytics partners who may combine it with other information you’ve provided to them or that they’ve collected from your use of their services. You consent to our cookies if you continue to use this website.