Thursday, June 25, 2009

MICROSOFT CEO STILL OPEN TO PARTNERSHIP WITH YAHOO

Cannes
The Economic Times

Microsoft Corp, the world's largest software group, is still open to a partnership with search engine giant Yahoo Inc., Chief Executive Steve Ballmer said on Wednesday.

"We remain open to a partnership with Yahoo," Ballmer said.

Asked if a deal could be sealed in the next year, he said: "Who knows?."

Ballmer did not give further details.

Microsoft offered to pay up to $47.5 billion for Yahoo early last year but was rebuffed by Yahoo's former leadership.

There has been talk of a partnership between Microsoft and Yahoo in recent months but no deal has emerged.

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