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Home / Business News / Microsoft not bidding to buy Yahoo: CEO

Microsoft not bidding to buy Yahoo: CEO

Microsoft Corp is not looking to make a bid to buy Yahoo Inc but the company is in talks to make other types of deals with Yahoo, its CEO Steve Ballmer said today.

business Updated: May 21, 2008, 18:37 IST
Reuters

Microsoft Corp is not looking to make a bid to buy Yahoo Inc but the company was in talks to make other types of deals with Yahoo, Microsoft Chief Executive Steve Ballmer said on Wednesday.

"We are not bidding to buy Yahoo," Ballmer said at the launch of Microsoft's new research and development centre in Israel.

"Yet, we are trying to have discussions about deals with Yahoo that might create value but not a whole acquisition of the company," he said without elaborating further.

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