Google is to invest $1 billion in a five per cent stake of AOL, the US web portal and internet service provider.
The alliance will create a powerful advertising partnership and will promote more AOL content to Google users.
Search advertising using Google technology will be introduced on the AOL network and display advertising will be extended on Google sites. The two sites will also collaborate on video search, instant messaging and improving the searchability of AOL content.
Dec 21, 2005
NEWS: Google invests $1 billion in AOL
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