Yahoo! now owns Overture. Yahoo! completed its purchase of Overture Services, Inc. today for approximately 1.83 billion dollars in stock and cash.
The battle for dominance in the pay per click business continues. Of course, now Yahoo! owns the patent. For a bit more history, read Yahoo! Acquiring Overture from July 14th.
Yahoo! and Overture Announce Completion of Acquisition
Overture Becomes a Wholly-Owned Subsidiary of Yahoo!
SUNNYVALE, Calif. & PASADENA, Calif.–(BUSINESS WIRE)–Oct. 7, 2003