AOL climbs into bed with Google, shuns Microsoft?
The Register reports that Google have snatched AOL from Microsoft, paying $1 billion (£570m) to take a 5 per cent stake.
One word: Phew. Very glad it was Google and not Microsoft…
Interestingly for us (IPC), the deal means that “AOL’s sales team gets access to the Google Network, and Google will also give Time Warner’s media properties preferential treatment.”. Cool – we should therefore get preferential treatment as a Time Warner property 🙂