(9/10/2013 original news from I-Newswire)
Yippy Inc. is anticipating a buyout by one of the tech majors.
Yippy Inc: The world leader in safe search with it's cutting edge Velocity cloud clustering technology is showing indications of a possible buyout by a larger tech company such as Google or IBM.
Most analysts believe that Yippy would be best suited for a Google buyout as it is essentially the Google of safe search. Filtering out questionable material for ages K - 12 and more specifically geared toward institutional uses in schools or libraries. Yippy, in the hands of Google, could see such placement on a global scale.
Others suggest that IBM may want to claim complete control of it's Velocity technology that only Yippy is licensed to use. Velocity, the cutting edge cloud clustering technology, was licensed to Yippy through Vivisimo, who was later acquired by IBM, leaving Yippy the only other company with the exclusive and transferable rights to this technology.
Yippy, it's board, and CEO, Richard Granville, who is not shy in claiming "Yippy is the finest engine for censorship, on Earth," voted recently to retain an M&A firm. When asked about a possible buyout Granville went on to say, "As soon as the thing takes off, they'll take us out, ..." referring to one of the larger tech companies.
It seems that such a buyout is in Granville's end game and instead of waiting for them to find him, Yippy may actually be taking their case to them. Following a record quarter and the expectation of breaking a million dollars in annual earnings, Yippy may be going for the trifecta with a Google acquisition. Or whichever major Yippy's M&A firm can get the best offer from, for that matter.