All Things Digital is reporting that Yahoo and Microsoft are putting the finishing touches on an online advertising deal:
Top executives at Microsoft–including SVP of the Online Audience Business Group Yusuf Mehdi, search head Satya Nadella and top digital exec Qi Lu, as well as others–have all flown down to Silicon Valley from their Redmond, Wash., HQ today to iron out the remaining issues, which seem to have to do with the deployment of technology.
“It is an entourage,” joked one exec.
Microsoft CEO Steve Ballmer is also deeply involved in the talks, although he is not with the group.
If all goes well, the deal could be announced within the next week, sources at both companies said.
Wow. Yahoo CEO Carol Bartz did say in May that she was open to a deal if she believed in the partner’s technology and they provided said boatloads of money. I’m guessing that her ship just came in if the talks are this serious.
Check in next week to see if this actually happens (which I think it will).
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This entry was posted on July 17, 2009 at 12:46 pm and is filed under Commentary with tags Microsoft, Yahoo. You can follow any responses to this entry through the RSS 2.0 feed.
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Yahoo And Microsoft May Have A Deal… Maybe…
All Things Digital is reporting that Yahoo and Microsoft are putting the finishing touches on an online advertising deal:
Top executives at Microsoft–including SVP of the Online Audience Business Group Yusuf Mehdi, search head Satya Nadella and top digital exec Qi Lu, as well as others–have all flown down to Silicon Valley from their Redmond, Wash., HQ today to iron out the remaining issues, which seem to have to do with the deployment of technology.
“It is an entourage,” joked one exec.
Microsoft CEO Steve Ballmer is also deeply involved in the talks, although he is not with the group.
If all goes well, the deal could be announced within the next week, sources at both companies said.
Wow. Yahoo CEO Carol Bartz did say in May that she was open to a deal if she believed in the partner’s technology and they provided said boatloads of money. I’m guessing that her ship just came in if the talks are this serious.
Check in next week to see if this actually happens (which I think it will).
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This entry was posted on July 17, 2009 at 12:46 pm and is filed under Commentary with tags Microsoft, Yahoo. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.