Microsoft Mergers and Acquisitions Presentation Deck

Online Advertising Market Opportunity 80 70 60 50 40 30 20 10 41 FY07 53 $Billion 3 FY08 65 78 FY09 FY10 Key Industry Traits • Scale Economics • Technology Driven Significant Capital Costs • Driving Consolidation INVENTORY Attracts advertisers to the network ADVERTISERS Attract publishers into network

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