Report: Microsoft courting Google for possible takeover

Microsoft Corp. has reportedly approached Google Inc. about a potential buyout of the search technology company.

Mountain View, Calif.-based Google, one of Silicon Valley’s few business success stories in the post-dot-com era, has been meeting with investment bankers over the last several months and exploring its options for a public offering. During that process, Microsoft approached Google to discuss alliance options, including a takeover, according to an article in Friday’s New York Times.

Google hasn’t been rushing to take Microsoft up on the offer: Executives there seem to favor a public offering rather than an acquisition, the newspaper reported. Microsoft and Google declined to provide comment to the New York Times for its story. Calls placed to both companies by IDG News Service weren’t immediately returned.

Microsoft has been eying the Web search market now largely dominated by five-year-old Google. While Microsoft has denied plans to enter the paid search industry, it has increased the staff on its search team to more than 200 and deemed MSN Search one of the company’s key businesses.

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Articles

Cybersecurity in 2024: Priorities and challenges for Canadian organizations 

By Derek Manky As predictions for 2024 point to the continued expansion...

Survey shows generative AI is a top priority for Canadian corporate leaders.

Leaders are devoting significant budget to generative AI for 2024 Canadian corporate...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now