Looks like Yahoo! is finally getting a suitor after going through a tumultuous couple of years. Technology and mobile giant, Verizon is reputed to be interested in taking the reigns of the once search giant which along the way has been facing an identity crisis.

The deal, according to close sources claim could be worth $5 billion if it happens,  a massive difference from what the company was estimated a decade ago. Yahoo! still has value in its portfolio including its stake in Alibaba, patents, database and assets, which Verizon would want to leverage for its own business. There are millions who use yahoo mail till today!

Current CEO, Marissa Mayer has been busy restructuring the company to make the firm more relevant and was focusing on mobile strategy, that never much materialised. In Malaysia, Yahoo closed its office after attempting to set up a local news agency.