Yahoo Microsoft Deal...Again

Yahoo! Inc.is an American public corporation headquartered in Sunnyvale, California, (in Silicon Valley), that provides Internet services worldwide. The company is perhaps best known for its web portal, search engine, Yahoo! Directory, Yahoo! Mail, news, and social media websites and services. Yahoo! was founded by Jerry Yang and David Filo in January 1994 and was incorporated on March 1, 1995.

U.S. software company Microsoft still sees value in a potential partnership with Yahoo even though it is no longer wants to buy it, chief executive Steve Ballmer said on Friday.

"I have said many times that we no longer are interested in acquiring Yahoo, but we'd see the potential to create real value by partnering with Yahoo," he said at an industry event in Germany.

"I have said many times that when the time is right I'm sure we will have such discussions and I've said many times I'm not going to tell you when the time is right."

Technology blog All Things Digital reported this month the chief executives of Microsoft and Yahoo had met to discuss potential partnerships between the companies' Internet search and advertising operations. At the time, both companies declined to comment on the report.

Earlier this week, Ballmer said Microsoft was not interested in buying a hardware company following Oracle Corp's proposed takeover of Sun Microsystems.

Related Posts