EC to approve Microsoft, Yahoo search deal

February 15th, 2010 by admin Leave a reply »

The European Commission plans to approve the outsourcing deal between Microsoft and Yahoo, according to Reuters. The deal will see Microsoft installed as the exclusive provider of search technology on Yahoo’s network of sites.

Microsoft declined to comment on the report. A representative from Yahoo did not immediately respond to a request for comment.

Regulatory approval is still needed for the deal in the US, where the combined share of Yahoo and Microsoft would be about 28 percent, according to market research company ComScore.

Source:http://news.zdnet.co.uk/software/0,1000000121,40041766,00.htm

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