Rumor: Microsoft – Yahoo deal to be annouced by tomorrow?

July 29, 2009

(ChattahBox) — Microsoft and Yahoo are drawing ever closer to reach a dealing, which All Things Digital sources claim will be announced within the next 24 hours.  Yahoo would get out of the search technology business, agreeing to use Microsoft’s search technology on its sites, and would focus instead on media, marketing services and sales. The alliance between the two companies would provide greater competition to Google’s dominance and allow Microsoft to benefit from the lucrative search engine ads.

Business analysts believe the joint venture between the two companies could save money, while presenting a greater threat to Google as a united front.

Last year, Microsoft offered to buy Yahoo for $44.6 billion in cash and shares. The deal was spurned and resulted in a major shakeup of Yahoo, with Carol Bartz taking over the reigns as CEO from Yahoo co-founder Jerry Yang.


Comments

2 Responses to “Rumor: Microsoft – Yahoo deal to be annouced by tomorrow?”

  1. Yahoo and Microsoft come to an agreement | ChattahBox News Blog on July 29th, 2009 12:08 pm

    […] — The rumors earlier today were true. Microsoft and Yahoo announced this morning that they are joining forces in a 10-year […]

  2. sri on July 29th, 2009 2:34 pm

    Wow! Finally Microsoft has reached a deal Yahoo for an internet search partnership. Will the newly announced deal between giants Microsoft and Yahoo be a good thing? Got to wait and see. But atleast Microsoft and Yahoo deal is straightforward and not complex at all and ofcourse, the negotiation talks have been going for long. I was just curious to know all the past negotiations between Microsoft and Yahoo so collected all the articles and links (more than 200) related to the current merger and the previous events or negotiations between Microsoft and Yahoo. If you are interested check the link below.
    http://markthispage.blogspot.com/2009/07/saga-of-microsoft-and-yahoo-from-2007.html

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