VTLGlobal an offshore web design and project development company

home   about us - services - resellers - careers - contact us
  Questions? Call 866.925.7563
 
VTL-offshore development news

 
» Home » News/Press releases  

Yahoo, Microsoft finally near deal

 

July 17, 2009

It's unclear whether they brought the requested "boatloads of money," but several top Microsoft executives are in Silicon Valley to try to finalize a search deal with Yahoo, according to an All Things Digital report late on Thursday.

According to the report, the two sides are "down to the short strokes" after years of excruciatingly well publicized on-again, off-again talks. A deal could come within a week, All Things Digital said.

Included in the Microsoft entourage, according to the report, are three of its top online executives: Yusuf Mehdi, Satya Nadella, and Qi Lu.

Yahoo CEO Carol Bartz said in May that she was open to a search deal if she believed in the partner's technology and they provided said boatloads of money. Microsoft CEO Steve Ballmer has indicated for more than a year now that he would like to strike some sort of search deal, although he no longer wants to acquire all of Yahoo as the company offered to do in February 2008.

With Microsoft's Bing getting some good reviews and Microsoft having billions in cash on hand, the ingredients would seem to be in place, if both sides have the will to make it happen.

    Archive
    July 2009
     
    June 2009
    May 2009
    April 2009
    March 2009
    February 2009
    January 2009
    December 2008
    November 2008
    October 2008
     
     
 

Custom software development | Software outsourcing to India | Offshore employee leasing | Custom web development | Custom web site designing | Web marketing
SEO | Employee leasing options | Remote staffing options | Customer support | Privacy policy | FAQs | Contact us | Sitemap
Demo | Vtlglobal-Partners | Resources | Link Exchange | Links | Link2.....