In an earnings report released by Yahoo Inc, the company had spent USD163 million in cash for acquiring several companies. The report made note that the cash spent did not provide the total amount Yahoo had committed in acquiring eight companies during the third quarter of this year.
Among the eight companies that were acquired by Yahoo were e-commerce platform app Lexity, social media browser Rockmelt, and smart inbox app maker Xobni.
Information technology news website Techcrunch noted that Yahoo made some stock-based purchases. In the tech company's second quarter earnings report, it read, "During the second quarter of 2013, Yahoo! repurchased 25 million shares for $653 million and used a net $1 billion in cash for acquisitions (including a net $970 million to acquire Tumblr)."
Yahoo currently has under USD1 billion in cash and equivalent liquid assets. However, as Techcrunch pointed out, the tech company's cash position was currently at USD3.2 billion. This was caculated by adding up Yahoo's cash and its equivalents, and marketable securities investments.
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