Wednesday, July 29, 2009

Google "interested" in Microsoft-Yahoo deal

Search engine giant Google Inc said it was "interested" in Microsoft's 10-year search deal with Yahoo (YHOO.O: Quote, Profile, Research) announced on Wednesday, adding that competition was usually good for online users.

"There has traditionally been a lot of competition online, and our experience is that competition brings about great things for users," said Google spokesman Adam Kovakovich.

"We're interested to learn more about the deal," he said in an emailed statement.

Google made a search ad deal with Yahoo in June 2008 but scrapped it because of objections from the Justice Department.

Advertisers had hotly opposed it, fearing Google and Yahoo's dominance of the market could mean higher prices. Yahoo initially struck the deal with Google as a way to fend off an unsolicited takeover bid from Microsoft.

Microsoft had lobbied hard against the Google/Yahoo partnership.

Reuters

1 comment:

  1. 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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