yahoo geocities on january 28 1999 announced its intention to buy the proposed acquisition was part of consolidation wave among internet companies in their race capture market share and advertiser dollars has built web s most popular widely used community said tim koogle chairman ceo through this we are accelerating our global leadership position by combining two strongest brands heavily services into one powerful offering with more than 35 million unique registrations for member worldwide largest registered customer bases continued expand comprehensive globally branded network sites where members could create publish communicate user generated content others would be able integrate distribute a set state art editing tools published personal home pages an array such as clubs classifieds shopping auctions addition provided platform distributing including communications personalized thrilled