A series of ups and downs has marked the relationship between the three companies ever since Google surfaced in 1999. Yahoo! had been using Google's search engine from 2000 until 2004, when it moved to its own technology. Then in 2008, Yahoo! and Google entered into an ad partnership, by which Yahoo! would place Google ads on search results. The deal, however, invited antitrust concerns from the US government — and was abandoned. Microsoft soon became the search provider for Yahoo!.
Google's interest in Yahoo! is not remarkable, given that it means a goodish portion of Microsoft's fortunes. Given Yahoo! CEO Marissa Mayer's Google ex-affiliations though, it could get interesting.
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