Dec 6, 2009

YAHOO!, MICROSOFT INK WEB SEARCH AGREEMENT

Yahoo! And Microsoft announced on Friday that they have finalized the details of their planned Internet search and advertising partnership what is called as manufactured home


The companies hope to implement the deal next year with the approval of anti-trust regulators.

“Yahoo! and Microsoft welcome the broad support the deal has received from key players in the advertising industry and remain hopeful that the closing of the transaction can occur in early 2010,” the companies said in a joint statement.

The plan to ink a 10-year Web search and advertising pact was unveiled in July and promises to set the stage for a Yahoo!-Microsoft offensive against Google, the king of the lucrative search and advertising market.

Under the no-cash deal, Yahoo! will use Microsoft’s new Bing search engine on its own sites while Yahoo! will provide the exclusive global sales force for premium search advertisers.