CEO: Yahoo willing to sell search business

Published: 27/05/2009 05:00

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Yahoo’s Chief Executive Officer (CEO) Carol Bartz on Wednesday said the company is willing to sell its search business to Microsoft if the software giant offers “boatloads of money.”

Carol Bartz, newly named chief executive of Internet company Yahoo Inc, is shown in this undated publicity photo released to Reuters January 13, 2009.(Xinhua/Reuters Photo)

“If there’s boatloads of money and the right technology involved, we’d do a deal, sure,” The Wall Street Journal quoted Bartz as saying in a report on the newspaper’s website.

Bartz made the remarks at the All Things Digital conference sponsored by The Wall Street Journal, which is being held in Carlsbad, California.

When asked whether talks between Yahoo and Microsoft are still going, Bartz said “a little bit.”

Bartz took the CEO reins of Yahoo in January from the company’s co-founder Jerry Yang, who last year rejected Microsoft’s offer of about 47 billion U.S. dollars to buy Yahoo.

Microsoft CEO Steve Ballmer has said repeatedly that his company is still interested in striking a deal with Yahoo on search business.

It was reported that the two sides have resumed talks on possible search and advertising deals in recent months.

Ballmer is scheduled to speak at the All Things Digital conference on Thursday.

VietNamNet/Xinhuanet

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