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  Microsoft and Facebook Team Up for Advertising Syndication
Time: 02:26 EST/07:26 GMT | News Source: Microsoft Press Release | Posted By: Jonathan Tigner

Facebook and Microsoft Corp. today announced a strategic alliance in which the two companies will collaborate to bring relevant advertising to the more than 9 million registered users of Facebook, the Internet’s leading social directory. Microsoft’s advanced advertising technology and Facebook’s unique social network make possible the multiyear collaboration grounded in the two companies’ commitment to technological innovation.

As part of the relationship, Microsoft will be the exclusive provider of banner advertising and sponsored links on Facebook using Microsoft’s digital advertising solutions and the Microsoft® adCenter platform. The two companies also agreed to work together on future technology and advertising initiatives.

“Our collaboration with Facebook is about joining our cutting-edge advertising technology and sales force with a true innovator in social networking,” said Steve Berkowitz, senior vice president of the Online Services Group at Microsoft. “We believe that the combination of Microsoft and Facebook strengths will be incredibly attractive to advertisers as they forge more meaningful connections with one of the largest, most engaged audiences on the Internet. The consumer assets brought to bear by this relationship will be very hard to match.”

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