The Deal
Sunday, November 22, 
1:03 pm

Yahoo! CEO dismisses idea of search company

Posted on May 28, 2009 at 8:25 AM
Filed under: Acquisitions | Corporate Strategy
Tagged: , , , ,
[ Share ]  [ E-mail ]  [ Leave a Comment ]
MicrosoftYahooGoogleLogos.png Yahoo! Inc. (NASDAQ:YHOO) chief executive Carol Bartz, in a video interview with Tech Ticker, said the Internet giant is not a search company and would seek to monetize its 76% reach of the U.S. Internet audience by keeping users happy.

In the eight-minute interview, Bartz lays out her strategic priorities: social, mobile, video.

Bartz has also made it clear that whatever it is Microsoft Corp. (NASDAQ:MSFT) is announcing this week, it probably won't be an acquisition of Yahoo!'s search engine.

Along with introducing a new search engine -- dubbed Bing -- and spending around $90 million to advertise it and hire people to work on it, Microsoft registered a limited liability company in Delaware. Some speculated that move positioned Redmond, Wash.-based Microsoft for an acquisition or joint venture. Naturally, techies thought Yahoo! would be part of that move.

The technology center on our sister blog Dealscape noted that Bartz quieted any thoughts of a deal-to-be-announced, saying she would be open to striking a search deal with the software giant if it offered "boatloads of money."

Bartz also thinks Yahoo!'s search strategy is a step above Google Inc.'s (NASDAQ:GOOG) in that it offers a more personal experience. - Baz Hiralal

See the interview with Bartz



Join Corporate Dealmaker's LinkedIn forum

Comments
Post a comment


Search


Search For

Corporate Dealmaker Video


Deal Economy 2010: Avaya's Ali on digesting Nortel

Avaya Inc.'s Mohamad Ali on the company's next target.
Decade of The Deal


Movers & Shakers


Juergen Lasowski
Onyx Pharmaceuticals Inc.

Edward Swallow
Northrop Grumman Corp.

Owen Mahoney
Outspark

Alice Kim
FLO TV Inc.

Eric Hausler
Isle of Capri Casinos Inc.
Juergen Lasowski, Onyx Pharmaceuticals Inc.
Edward Swallow, Northrop Grumman Corp.
Owen Mahoney, Outspark
Alice Kim, FLO TV Inc.
Eric Hausler, Isle of Capri Casinos Inc.


COMPLETE MOVERS & SHAKERS ARCHIVES

The Magazine


MACDdec1cover.gifAnd the winners are...
Even in a period when things like toxic credit default swaps and noxious structured investment vehicles dominate the conversation in many parts of the deal community, people are still willing to take the time to recognize skill and achievement in the strategic transactions that help those companies adapt and grow.
View the complete issue


Last Issue
Archives
Suggest a topic
Purchase a reprint
Subscribe to The Deal


Monthly Archives


Syndicate

Contributors

footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.