7 Worst Tech Mergers Of All Time


Bangalore: The world of relationships is a volatile one. Be it a romantic liaison or a business venture, nobody can be sure which union is going to last and which one will end with bitterness and loss. The tech world has seen numerous mergers or marriages over the time. Not all of them had happy endings. We bring you some of the worst mergers in the history of the technology as compiled by ZDNet.

1. News Corp/My Space

MySpace was the Facebook 10 years back. The social networking website had amassed 100 million users. The website was at its peak and had surpassed Google as the most visited website in the US. It was valued at about $12 billion.

Things were going great and MySpace was taken over by Rupert Murdoch’s News Corp in 2005. We would expect things to go even better after this meaty merger buy alas that was not to be. By 2008 the company was facing rough times. The modifications made in the website after the merger made it slow to use.

MySpace also faced stiff competition from Zuckerberg’s Facebook which had a much simpler UI. Things kept going from bad to worse and the company became more of a liability for News Corp. it was sold to Specific Media and Justin Timberlake for a measly $35 million, a far cry from the $12B valuation it had only four years ago.

It won’t be wrong to say, this match was not made in heaven.