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December 21, 2005

Google confirms AOL deal

Link: Google confirms AOL deal

Filed under: Google by Brian Turner
google.jpg

Google has confirmed that it has invested $1 billion for a 5% stake in AOL.

The investment also sees Google helping to make AOL content more visible on Google, with preferential advertising also offered.

The move is seen as important for Google - prior arrangements to deliver Google advertising on AOL currently account for 10% of Google’s revenues.

Additionally, it freezes out Microsoft - a major rival to Google, who were rumoured to have also been seeking a stake in AOL, in order to expand it’s internet services.





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    1 Comment »
    1. […] We can only wonder what Google - who bought a 5% share in AOL last December - can be wondering. […]

      Pingback by Platinax News » AOL’s huge data blunder — August 8, 2006 @ 8:09 pm

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