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Marissa Mayer: We Will Buy Companies That Cost Tens Of Millions, Or Low Hundreds Of Millions

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Marissa Mayer ReviewsMarissa Mayer confirmed that she's on the prowl for companies to buy during this afternoon's earnings call.

Speaking with analysts she said Yahoo would try to acquire companies that cost tens of millions, or low hundred millions.

She also said that while people tend to focus on the giant acquisitions, while she was at Google she made 20 small acquisitions.

This is what we've been hearing. Mayer is interested in acqui-hires, buying companies for their engineers. The hope is to get fresh blood in the company with new ideas.

She won't be big game hunting, looking for billion dollar buys, it seems.

 

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Jay was the executive editor of Business Insider. He oversaw day-to-day coverage on the site. He started as an intern at Business Insider in 2007. Before becoming executive editor he was running SAI, the technology section of the site.He has a degree from the University of Delaware in economics and a master's in journalism from NYU.