Why does Yahoo! buy a company like Incredible Labs then discontinue its main product?


Yahoo! bought Incredible Labs, which I only know of because of their Donna calendar app, and now they are killing off Donna. Why the heck do companies like Yahoo buy other company’s then destroy the very thing that made them attractive in the first place?

Topic: Business
Answer this Question


2 total
Vote Up (7)

Sometimes it's for the employees, and sometimes it's for the technology, or both. Patents can also be a prime motivation for one company to buy another then discontinue all or some of the products.

Vote Up (6)

To get the talent, primarily, like Google did with Bitspin recently. Sometimes it's to fill a gap in its offerings or to prevent another company from becoming a legitimate competitor or offering a product that is direct competition for the acquiring company’s offerings. 

Ask a question

Join Now or Sign In to ask a question.
Thanks to the cloud, the “as a service” trend is getting a little out of control
Technology companies make up almost half of the businesses ranked highest by their employees for culture and values in a new survey
For weeks we've heard rumors that Google would be acquiring Twitch. What a surprise when Amazon turned out to be the buyer. Are you ready for a "Buy now" button on your livestream?
You can get browser extensions to stop advertisers from tracking you, but until now there hasn't been one that can prevent you from getting suckered by hucksters on news sites.
Ryan Carmack, the 9 year-old son of the famed programmer and game designer, has released Pong-clone called Angry Face
Technology is changing the way every department, from marketing to human resources to finance, is achieving its goals.
Also, how Tweet-shaming saved me from cutting the cord
A new study reveals that Java developers make the most while JavaScript programmers are the most wanted
CIOs and venture capitalists can often educate each other on how to evaluate tech trends to successfully construct deals.
Mark Zuckerberg’s latest app takes onerous Terms of Service to a strange new level