Yahoo 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.

Other posts by :

1. India’s Ananth Tech challenges Musk, Bezos et al
2. Macron urges UK to commit to space investment
3. Bank upgrades AST SpaceMobile
4. Could Amazon buy into AST SpaceMobile?
5. Orbex in trouble?
6. Musk planning investment in South Africa
7. France backs OneWeb
8. Bank: SES target price of €9.60
9. Bank give $55 target to AST SpaceMobile

Categories: Articles, Business, M&A