Microsoft chief executive, Steve Ballmer, in an interview with financial analyst on Tuesday disclosed interest to chat up with new Yahoo chief , Carol Bartz about a partnership Deal that will enable the two Search giants tackle Google's Advances. He however rebuffed the notion of Microsoft attempt at acquiring Yahoo - earlier in the news.
According to Ballmer, no movement towards talk yet. 'I don't know if anything is gonna happen,' he said. As at December 2008, Google accounted for 69.48% of all U.S. searches. That's up 8% from 2007. A comparison of December 2007 to December 2008 is even more impressive, with Google growing 14% year-over-year. Yahoo accounted for 17.79% of all U.S. searches and MSN took 5.56% of the share, according to figures released by Hitwise
Ballmer also acknowledged, 'we are up against incredible odds.' Google has a larger number of employees focused on search and has a larger distribution network. But Microsoft believes it can offer an attractive product to advertisers and gain share over time. While, investors on-the-other-hand have often said Ballmer should abandon the search and advertising market 'reportedly unprofitable'.
He maintains determination to be successful, also stating,'I don't want to wind up being known as the Jerry Yang in this market," he said, referring to the former CEO of Yahoo, who was just replaced by Bartz amid investor frustration with his failure to negotiate an acquisition deal with Microsoft, which last year offered $47.5 billion for the Web Portal.
Posted by Unknown | February 25, 2009 | Search Technology
Search Deal To Replace Microsoft's Attempt To Acquire Yahoo