Google, Ask Jeeves sign $100 million deal

Internet search engine companies Google Inc. and Ask Jeeves Inc. have partnered to provide Google's paid listings on Ask Jeeves' Web sites.

The deal is expected to generate US$100 million over the next 3 years for Emeryville, California, Ask Jeeves and Google of Mountain View, California, the companies said in a statement Thursday.

Specific terms of the revenue sharing agreement were not disclosed.

Beginning in September, Google will pitch its targeted paid listings product from its base of advertisers to users of Ask Jeeves' search sites, the companies said.

Ask Jeeves' agreement with Google replaces the arrangement it had with Overture Services Inc., which last April also lost its contract with AOL Time Warner Inc. subsidiary, America Online Inc. (AOL) to Google. Ask Jeeves estimated its revenue from paid listings will double between the third and the fourth quarter due to its partnership with Google.

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