Microsoft has announced an agreement to fully purchase MSN Israel from their partner, Internet Gold. Microsoft previously held 49.9%, while Internet Gold owned 50.1% of MSN Israel.
The parties are currently discussing the terms of migration and possible future cooperation. The msn.co.il portal will continue to operate throughout the transition period and both parties are working together to support employees, advertisers and users through this period.
MSN is a global portal network which operates in 44 countries. In almost all of these countries the MSN portal is fully owned by Microsoft Corp. and only in a very few instances has Microsoft joined forces with a domestic partner to establish a local MSN portal. In 2007, MSN Israel accounted for less than 3% of Internet Gold’s total revenues.
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