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Contact UsWall Street Journal has reported that Microsoft and Facebook are in talks with each other over possible merger.
A Microsoft source claimed that its financial team is in contact with Facebook’s team to see if they are willing to sell or not. The talk is in early stage and no time frame could be given for the deal.
Both companies have been previously working with each other. Microsoft has been brokering banner ads for Facebook since 2006 and acquired full advertising rights last year as part of a $240m investment package. The deal gained headlines when it was revealed that Microsoft would gain only 1.6 per cent ownership in the deal, placing Facebook’s value at upwards of $15bn.
Microsoft declined to comment on Facebook deal.
Just recently they walked away from Yahoo after placing a bid of $44.6 billion. Yahoo declined the offer after a series of negotiations.
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